Best way to collect money for a leaving present 8 March at 11:22AM edited 8 March at 11:23AM in Budgeting & bank accounts 10 replies 254 views

johnk68

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

flaneurs_lobster

Quality Street tin. 

Every company has one of these, usually held by HR, for exactly this purpose. 

johnk68

flaneurs_lobster 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 

flaneurs_lobster

johnk68 said:

flaneurs_lobster 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 

Virtual Quality Street Tin (r). 

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

Penguin_

Paypal? Provide your bank details for people to pay into?

born_again

johnk68 said:

flaneurs_lobster 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 

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.

Rob5342

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

born_again said:

johnk68 said:

flaneurs_lobster 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 

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

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.

km1500

Might be a problem.if you decide to.use the money to buy a kitten as a leaving present.

redux

flaneurs_lobster said:

johnk68 said:

flaneurs_lobster 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 

Virtual Quality Street Tin (r). 

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

You might have a trade mark issue with that