Setting up and running a charity – guidance

Charities: holding, moving and receiving funds safely

How charities can hold, move and receive funds in the UK and internationally using formal banking systems and other methods.

Documents

Chapter 4: Summary

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email usability@charitycommission.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Chapter 4: Holding, moving and receiving funds safely in the UK and internationally

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email usability@charitycommission.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Chapter 4 Tool 1: Practical advice on operating bank accounts

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email usability@charitycommission.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Chapter 4 Tool 2: Checklist for donations received from outside the UK

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email usability@charitycommission.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Chapter 4 Tool 3: Using intermediaries - risk management checklist

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email usability@charitycommission.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Chapter 4 Tool 4: Using intermediaries - financial controls checklist

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email usability@charitycommission.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Chapter 4 Tool 5: Physical cash transfers - checklist of key controls

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email usability@charitycommission.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Chapter 4 Tool 6: Cash courier agreement form

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email usability@charitycommission.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Chapter 4 Tool 7: Cash payments record form

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email usability@charitycommission.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Chapter 4 Tool 8: Using other charities or NGOs to transfer funds outside the UK - checklist

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email usability@charitycommission.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Detail

Chapter 4 of the commission’s Compliance toolkit, this guidance explains how charities can use formal banking systems wherever possible when holding, moving and receiving funds in the UK and internationally to ensure that charity funds are safeguarded.

It also covers working with other charities and NGOs and other more risky methods of moving funds, such as:

  • money service businesses
  • agents using alternative remittance systems
  • payment services
  • cash couriers

It gives practical advice for trustees on risk management factors and the need for appropriate financial controls and audit trails.