Need a bank account for a charity. Its important for dual authorisation, low bank charges and minimum initial deposit. Any recommendations?
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Co-OP on line
No charges, pay cash/cheques in at the post office (for no charge), pays interest, You can set up dual authorisation for BACS payments with separate pin devices.
Try CAF
I use it for a scout troup. We pay no charges (I think we can pay in up to 600 cheques a year) have dual authorisation and can deposit cheques for free at HSBC branches.
Try the Reliance & Triodos
Agree that CAF would be the first port of call, but The Reliance and Triodos are brill. The latter is particularly worth a look if there are substantial funds to hold and their ethics are open and refreshing.
I use the former for personal and business banking and the latter for investment stuff (you have to be a charity or social enterprise to get a business account with them).
It is a while since I last researched this
but see previous answer here
I think since then Lloyds TSB have a free on-line dual authorisation package going.
I use Co-op for the rugby club and can pay in through the post office 6 day a week
We have clients who use CAF
Chris Smail