Applying for a bank account

It can useful having a bank account for fundraising, particularly if you want to create Chuffed fundraisers, or use card/contactless payment devices, for example.

It is really important to make sure that the wider group (eg. your Local Group, or Community Group) knows about the account, who is managing it and who the signatories are.

Ideally, a summary of the finances should be easily accessible to the group it belongs to, even if that is just a verbal report from time to time, or showing others in the group the bank statements. Keeping everything transparent is helpful because it is then less likely misunderstandings will happen and also adds credibility and conviction for fundraising outreach conversations with the public. If you can tell a member of the public who wants to donate the kinds of things the group tends to need money for, they will be much more likely to donate!

If the account is managed online, then the person managing the account can be a completely different person to the signatories.

Unfortunately, it is now very hard to set up a bank account in the name of Extinction Rebellion, simply because most banks refuse to accept us. In the past, groups have set up accounts with Triodos Bank, but unfortunately Triodos is not accepting any new accounts. This could change, so it is worth checking their website.

However, there are ways around this problem, which you can learn about in:
Information on how to operate without a bank account.