Best way to collect money for a leaving present

johnk68
johnk68 Posts: 27 Forumite
Part of the Furniture 10 Posts Combo Breaker
edited 8 March 2023 at 12:23PM in Budgeting & bank accounts
Hi, what is the best way to collect money for someone who is leaving as I know there are a few ways of doing it so wanted to double check so not a dodgy site or anything? Thks

Comments

  • Quality Street tin. 

    Every company has one of these, usually held by HR, for exactly this purpose. 
  • johnk68
    johnk68 Posts: 27 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Quality Street tin. 

    Every company has one of these, usually held by HR, for exactly this purpose. 
    My main problem is a lot of people now work from home so I need something online  :s
  • Penguin_
    Penguin_ Posts: 1,533 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Paypal? Provide your bank details for people to pay into?
  • born_again
    born_again Posts: 19,336 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    johnk68 said:
    Quality Street tin. 

    Every company has one of these, usually held by HR, for exactly this purpose. 
    My main problem is a lot of people now work from home so I need something online  :s
    Who ever is sorting it gives everyone else their bank account details. They then collect the funds & buy the gift/card from that, is the easiest way.

    In reality it is the same as in the office, only funds go to a bank account. But then again, many do that anyway now as they do not carry cash.
    Life in the slow lane
  • Rob5342
    Rob5342 Posts: 2,269 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 8 March 2023 at 1:15PM
    Paypal maybe, although I'm not sure if those you request from need to have a Paypal account or if they can just enter their debit card number.

    If you have a Monzo account you can create a link to request money that you send to people, they type in their debit card number and the money goes into your account. They only take 10 minutes to apply for so it would be worth it just for this purpose.

    There are also places like www.collectionpot.com which seems to have good reviews on TrustPilot, and course there is the old way of just sharing bank details.
  • Rudyson
    Rudyson Posts: 336 Forumite
    Part of the Furniture 100 Posts Name Dropper
    johnk68 said:
    Quality Street tin. 

    Every company has one of these, usually held by HR, for exactly this purpose. 
    My main problem is a lot of people now work from home so I need something online  :s
    Who ever is sorting it gives everyone else their bank account details. They then collect the funds & buy the gift/card from that, is the easiest way.

    In reality it is the same as in the office, only funds go to a bank account. But then again, many do that anyway now as they do not carry cash.
    Given the problems that can b.e caused by having bank transfers to and from individuals, that's probably not a good idea.

    HSBC has frozen all my accounts - high earner left penniless - Page 14 — MoneySavingExpert Forum
  • born_again
    born_again Posts: 19,336 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Re above.
    This is how we do it & no one has had their account frozen. I also ran a lottery syndicate using my HSBC account for 10 years with 20 people paying in either each week or month. 
    Never had a issue.

    It's not the how many. It is other factors that cause issues such as that link.
    Life in the slow lane
  • km1500
    km1500 Posts: 2,703 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 8 March 2023 at 4:22PM
    Might be a problem.if you decide to.use the money to buy a kitten as a leaving present.
  • redux
    redux Posts: 22,976 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    johnk68 said:
    Quality Street tin. 

    Every company has one of these, usually held by HR, for exactly this purpose. 
    My main problem is a lot of people now work from home so I need something online  :s
    Virtual Quality Street Tin (r). 

    I've started the coding for my new app.......

    You might have a trade mark issue with that
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