Banking for Charities – Key considerations

Why you should attend

Learn what key documents you will need to have to open an account for any bank to begin the account opening process; internal risk management and controls, how to select the right banking products; communicating with your bank; fully understand the importance of keeping your bank mandates updated. Consideration for cash flow and liquidity requirements.

What will be achieved

Understanding banks processes and why it is important for banks to go through the know your customer and due diligence process when opening new accounts.  The importance of undertaking periodic reviews, updating information and ensuring you have the right internal security controls in place. Better understanding of a bank’s products and services.

Q&A

Please come armed with your questions and an open forum for Q&A will be held at the end of the presentation. 

 Presenters

• Dominic Walsh – Deposits Desk Manager, Unity Trust Bank
• Reon Odendaal – Head of Charities, Unity Trust Bank
• Dawn Morris – Deposits Relationship Manager North & Scotland, Unity Trust Bank

Who should attend

Operations Managers, Finance Teams, Trustees or anyone involved in day-to-day banking and the operation of bank accounts.