Opening and maintaining a bank account is a key task for many for third sector organisations but it can be challenging to navigate the banking environment – especially when it comes to choosing and opening the right bank account, understanding bank charges and fees.
It’s important to regularly review your organisations’ bank account and assess if it is still the right bank for you.
Take a look at the Voluntary Organisation Banking Guide which is aimed at charities, clubs, community groups and societies. The content reflects best practice guidance shared by industry in a working group comprised of Banking and Voluntary Sector Partners and UK Finance.
You can also look at the Scottish Council for Voluntary Organisation’s (SCVO) Bank account comparison table here: Bank account comparison table - SCVO
