This is really a matter for the Treasurer/Finance Director/whatever their title is, but given previous discussion on the list, I thought you might find this (which I found out about today) of use: http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=142&a=225
The one thing missing is the monthly charge rates (if any), but it gives a fair idea of what's on the marketplace. Charities and not-for-profit groups with turnover under £100K a year can often get free banking.
As I said before, branch location/phgone/online services of best use to the treasurer, services and price are likely to be the three key criteria - and the trustees will need to weigh up services offered versus cost. If you're likely to want (the hassle of) direct debits, and/or have lots of cash donations, the Bank of Scotland one doesn't look too bad, especially with the Halifax network for the deposit of cheques, money etc.
Hope that helps
Scott
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I'm trying to remember what we recommended at work - I think the Co-op bank has a charity bank account (but I can't find it on their web site). The former girobank (now alliance & leicester commercial) has something too: http://www.alliance-leicestercommercialbank.co.uk/content/PS000001.asp
Caroline/secretlondon
-----Original Message----- From: wikimediauk-l-bounces@Wikimedia.org [mailto:wikimediauk-l-bounces@Wikimedia.org] On Behalf Of Scott Keir Sent: 14 February 2006 23:41 To: wikimediauk-l@Wikimedia.org Subject: [Wikimediauk-l] Bank accounts
This is really a matter for the Treasurer/Finance Director/whatever their title is, but given previous discussion on the list, I thought you might find this (which I found out about today) of use: http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=142&a=225
The one thing missing is the monthly charge rates (if any), but it gives a fair idea of what's on the marketplace. Charities and not-for-profit groups with turnover under £100K a year can often get free banking.
As I said before, branch location/phgone/online services of best use to the treasurer, services and price are likely to be the three key criteria - and the trustees will need to weigh up services offered versus cost. If you're likely to want (the hassle of) direct debits, and/or have lots of cash donations, the Bank of Scotland one doesn't look too bad, especially with the Halifax network for the deposit of cheques, money etc.
Hope that helps
Scott
___________________________________________________________ Win a BlackBerry device from O2 with Yahoo!. Enter now. http://www.yahoo.co.uk/blackberry _______________________________________________ Wikimedia UK mailing list wikimediauk-l@wikimedia.org http://meta.wikimedia.org/wiki/Wikimedia_UK http://mail.wikimedia.org/mailman/listinfo/wikimediauk-l
Unity Trust is another as well.
Greg
Caroline Ford wrote:
I'm trying to remember what we recommended at work - I think the Co-op bank has a charity bank account (but I can't find it on their web site). The former girobank (now alliance & leicester commercial) has something too: http://www.alliance-leicestercommercialbank.co.uk/content/PS000001.asp
Caroline/secretlondon
-----Original Message----- From: wikimediauk-l-bounces@Wikimedia.org [mailto:wikimediauk-l-bounces@Wikimedia.org] On Behalf Of Scott Keir Sent: 14 February 2006 23:41 To: wikimediauk-l@Wikimedia.org Subject: [Wikimediauk-l] Bank accounts
This is really a matter for the Treasurer/Finance Director/whatever their title is, but given previous discussion on the list, I thought you might find this (which I found out about today) of use: http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=142&a=225
The one thing missing is the monthly charge rates (if any), but it gives a fair idea of what's on the marketplace. Charities and not-for-profit groups with turnover under £100K a year can often get free banking.
As I said before, branch location/phgone/online services of best use to the treasurer, services and price are likely to be the three key criteria - and the trustees will need to weigh up services offered versus cost. If you're likely to want (the hassle of) direct debits, and/or have lots of cash donations, the Bank of Scotland one doesn't look too bad, especially with the Halifax network for the deposit of cheques, money etc.
Hope that helps
Scott
Win a BlackBerry device from O2 with Yahoo!. Enter now. http://www.yahoo.co.uk/blackberry _______________________________________________ Wikimedia UK mailing list wikimediauk-l@wikimedia.org http://meta.wikimedia.org/wiki/Wikimedia_UK http://mail.wikimedia.org/mailman/listinfo/wikimediauk-l
I note from the Companies House website that Wiki Educational Resources Limited was incorporated yesterday, 14 February.
The UK Chapter officially exists.
Next stage is for the directors to meet to deal with some admin issues and look towards getting registered as a charity.
HURRAY!!
Jon
--------------------------------- Win a BlackBerry device from O2 with Yahoo!. Enter now.
Angela wrote:
The UK Chapter officially exists.
Congratulations to everyone who has been involved in setting this up!
Angela. _______________________________________________ Wikimedia UK mailing list wikimediauk-l@wikimedia.org http://meta.wikimedia.org/wiki/Wikimedia_UK http://mail.wikimedia.org/mailman/listinfo/wikimediauk-l
Ja, congratulations; and thanks for all the hard work that must have been put in.
At 23:41 +0000 14/2/06, Scott Keir wrote:
This is really a matter for the Treasurer/Finance Director/whatever their title is, but given previous discussion on the list, I thought you might find this (which I found out about today) of use: http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=142&a=225
The one thing missing is the monthly charge rates (if any), but it gives a fair idea of what's on the marketplace. Charities and not-for-profit groups with turnover under £100K a year can often get free banking.
As I said before, branch location/phgone/online services of best use to the treasurer, services and price are likely to be the three key criteria - and the trustees will need to weigh up services offered versus cost. If you're likely to want (the hassle of) direct debits, and/or have lots of cash donations, the Bank of Scotland one doesn't look too bad, especially with the Halifax network for the deposit of cheques, money etc.
Hope that helps
Scott
I looked at http://www.moneyfacts.co.uk/ and also....
1) Alliance and Leicester (Girobank)
http://www.alliance-leicester.co.uk/
2) The Coop
http://www.co-operativebank.co.uk/
Gordo
I looked at http://www.moneyfacts.co.uk/ and also....
- Alliance and Leicester (Girobank)
I have been a signatory on one Girobank (Alliance and Leicester) account for a small "not for profit" organization. One issue is that they gave us a 9 digit account number (does this still happen?), which can confuse Direct Debit mandates (which assume the standard 8 digits plus sort code). You have to drop a digit from one end of the account number, and I can never remember which end!
On the plus side, being able to pay in cash at any Post Office was a bonus.
There were no account charges, and no interest was paid.
I have my own current account with Alliance and Leicester, so I'm familiar with the confusing 9 digit account numbers (and I still need to double check each time which figure to drop).
I'm certainly eager to be in a position where we can encourage people to donate in a way that means PayPal don't get a fair whack of each donation - and being able to give money directly (through post offices and bank branches, or electronically (presumably if you have an account with the same bank as WER)) is important. Also will be encouraging donations through the post by cheque.
I'll be looking at all the various options for bank accounts put forward on this mailing list, which are very useful to have, and aim to make my recommendation, as Treasurer, at the first directors meeting.
Kind regards
Jon
Gordon Joly gordon.joly@pobox.com wrote:
I looked at http://www.moneyfacts.co.uk/ and also....
- Alliance and Leicester (Girobank)
I have been a signatory on one Girobank (Alliance and Leicester) account for a small "not for profit" organization. One issue is that they gave us a 9 digit account number (does this still happen?), which can confuse Direct Debit mandates (which assume the standard 8 digits plus sort code). You have to drop a digit from one end of the account number, and I can never remember which end!
On the plus side, being able to pay in cash at any Post Office was a bonus.
There were no account charges, and no interest was paid.
wikimediauk-l@lists.wikimedia.org