UK charities play a vital role in supporting their local communities, yet charity trustees find themselves often being ignored by high street banks. With the lack of support, charities are facing a number of challenges when accessing bank services. This includes: failing to provide new charities with bank accounts and not offering appropriate internal controls and freezing current accounts if trustees cannot visit the bank. Branch closures and a lack of relationship managers are also affecting charities with trustees being referred to chat boxes instead of personal contacts.
Join this webinar as our expert speaker from Allica Bank, Gareth Anderson, draws from 17 years of experience in financial services to uncover the current banking landscape. He will look at specific challenges and what options trustees have when looking to open current accounts. He will outline how Allica Bank can support established charities and the criteria needed to open a business current account with them.
Key benefits
- Explore the banking landscape for UK charities over the past five years.
- Learn the challenges charities are having when accessing current accounts.
- Discover practical options for charities in accessing effective banking services.