31 Mar 2016

A question about : Treasurers' accounts

I am the treasurer for a club. We have Ј1600 in our only account (Nationwide) earning very little interest.
I would like us to have a cheque account and a higher interest account, preferably with the same bank to make my life easier. Which is the best bank or building society to offer me these facilities as a club treasurer please?

Best answers:

  • Have you seen the Small business and charity organiser's board, you might get someone running a charity account who can advise on a good account. My DH is treasurer for a couple of local organisations, I will ask him for some suggestions when he gets in later.
  • This looks quite good..
    Two accounts, one instant access, one 30 days notice.
    https://www.alliance-leicestercommerc...es/SB01002.asp
    [They don't offer cheques it seems, but if you use the internet, I imagine, any payments can be made straight to the payee's account]
  • Thanks for the advice. I followed first responder's advice and transferred my query to Small Business/charity forum. Someone there also recommended Alliance and Leicester. I have received their info. pack and will be following it up. Thanks again, Donald.
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