The Voluntary Organisation Banking Guide has been developed by UK Finance to support third sector and voluntary organisations research bank accounts, and bank well. This new digital guide simplifies the process by giving you guidance on how to choose, open and manage a bank account.
This guide has tailored advice for voluntary organisations, including: Charitable organisations; Clubs; Community groups; and Societies. No matter if you are a local volunteer-run group or a big charity operating worldwide, they are here to help you make the right choice.
This Guide will include information on:
- Choosing Organisation Structure/ Legal Status
- Working Out Your Banking Needs
- Account Opening Checklist, including KYC rules and ID&V and why it’s needed.
- Maintaining Your Account, and the importance of updating and staying in touch with your bank
- FAQs
For further information, please visit UK Finance website.
