Savings account for a local charity

tichbourn

Hi, I'm looking to save approx. £10k - £15k - this is for a local community organisation and we are a registered charity. I can't seem to find much other than a treasurers account at the TSB and Bank of Scotland.


Can anyone advise what else is around?


Thanks

Archi_Bald

Try https://www.cafonline.org/charity-finance--fundraising/banking
http://www.business.hsbc.co.uk/1/2/business-banking/business-bank-accounts/community-account

Google is also a good way to find info.

tichbourn

Thank you for your reply


I've had a look at HSBC and noted it. I've googled but I'm not sure if some banks class a community charity as a business or not.

Robin9

Caf should be ok and you can pay in at HSBC.

You won't get anywhere near the personal account rates.

You are better off investing in people or (if you have a building) in heating controls, insulation etc

alanq

If you are based near London there is Metrobank.

https://www.metrobankonline.co.uk/Commercial/Deposit-Accounts/Community-Instant-Access-Deposit-Account/

tichbourn

Thanks for your help.


The Cambridge & Counties seem to cater for charities too.

hra_2

Virgin Money?
http://uk.virginmoney.com/savings/find/charity_deposit_account_issue_4/overview/

tichbourn

Thanks hra - there seems to be very few paying interest