New Website To Support Charities To Manage Their Bank Accounts

UK Finance, the banking trade association, has launched a new website to support charities looking to open and manage bank accounts. This is in response to an earlier survey where over 40% of charity trustees reported poor banking experiences.

The website features a free account finder tool, step-by-step guide and frequently asked questions to help charities find the best account for their needs.  David Raw, managing director of commercial finance at UK Finance said, ‘ Charities and community groups are a key part of our social fabric. People who run these organisations have a huge amount to think about and so we want to make the process of opening and managing a bank account as clear and straightforward as possible,” 

The site can be found here: https://www.ukfinance.org.uk/our-expertise/commercial-finance/voluntary-organisation-banking-guide