Examining counter-terrorism impact on charity banking

The government is to convene a working group to look at the implications of counter terrorism legislation on the funding and delivery of humanitarian assistance, including the closing of charity bank accounts. The working group will include charities and NGOs as well as members of the banking sector and key government departments.

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Charity regulators’ advice on banking, online extortion

Scottish banking advice for charities

New guidance to support charities with their banking arrangements has been produced by the Scottish  charity regulator.

OSCR has worked with the British Bankers’ Association, the Charity Finance Group and others. While the guidance builds on an existing BBA leaflet for England and Wales, this has a specifically Scottish focus. Aimed at charity trustees and managers, it provides key information on banking, including choosing and opening the right bank account, understanding banking charges and fees, and how to switch accounts.

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Understanding charity banking and payments systems

Charity Finance Group is conducting a short survey on charities’ experiences of banking and payments systems.

Having access to the right financial services and payment systems is critical for the work of the sector. The survey is an attempt to understand the services and institutions that charities are using and whether there are key issues that need to be addressed. All responses will be treated anonymously.

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Banking services and charities in high risk areas

Charity Finance Group is the latest organisation to report on the problems created by banks becoming more risk averse, with charities losing services due to “disproportionate actions”.

Civil Society News has the article ‘Charities must be more proactive with banks and improve relationships to avoid de-risking, says CFG’.

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