My niece will soon have an operation to remove her lower leg for medical reasons. Initially she will have an NHS prosthetic leg. She and her family are well liked locally and a lot of people and organisations have been moved to donate funds to help my niece in future life. None of the family have been actively seeking funds; the donations and fundraising have been spontaneous reactions by others in the community. Donations have come from the local Rotary club, local school, raffle in the café where my niece works etc. A member of the community has even setup a Just Giving page at https://www.justgiving.com/crowdfunding/nicola-field-2.
To date funds received have been paid into a building society account held in my name on behalf of my sister (my niece’s mum). This was ok when the money was only from within the family but now that donations are being made from outside the family I want to make it all more formal and transparent. As a first step I feel we should have a bank account. There’s only HSBC left trading locally. Does anyone have any suggestions or advice regarding a bank account or anything else we should be aware of? I’ve never been involved in anything like this and would appreciate any advice the AccountingWeb community can give.