Club bank accounts
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Club bank accounts
Does anyone know of any banks for clubs that are open to new applications and can be set up to require multiple signatories on [online] payments? Most banks seem to offer something like a "club" or "treasurers" account, for "not for profit" organisations (which would suit O clubs / regions), with no fees (while in credit), usually no interest (fine, don't expect any), online banking, and multiple nominated signatories. However most seem to let any one signatory make a payment, without anyone else approving it. I'm looking for an account that requires a second signatory to approve any payments.
- Duncan
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Re: Club bank accounts
DEE and NWJS operate a Lloyds bank account with dual sig. I set up both. Works very well.
- dee-duncan
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Re: Club bank accounts
Should clarify: these are both online. I don't do cheques except in extreme circumstances!
- dee-duncan
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- Joined: Mon Jul 08, 2013 3:40 pm
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