Call hvoss on 01432 343 932
hvoss (Herefordshire Voluntary Organisations Support Service)
Call hvoss on 01432 343 932
hvoss (Herefordshire Voluntary Organisations Support Service)
hvoss has created an overview of the current bank accounts available for groups and community organisations within Herefordshire. Choosing the correct bank account is a crucial decision as supporters making donations expect their contributions to be protected and managed effectively.
At least one of the parties named in the application must be an existing NatWest customer - if there is no existing NatWest relationship your application will be declined.
Free banking if your community account's annual credit turnover is less than £100,000 If your turnover exceeds £100k, your account will be moved onto our Standard Tariff. Fees & charges
Contactless debit card
Access free online accounting software with this business banking current account
24/7 Online Banking and Phone Banking
Bank anywhere with our mobile banking app
FreeAgent accounting software
Bankline for Communities is a unique digital service which lets groups setup multiple users and digitally sign payments together. Available for free for unincorporated groups with a turnover up to £100k.
NatWest customer can apply online, Further information and application
Eligibility criteria broadly aligns with the definitions of charitable organisations set out in the Charities Act 2011.
24/7 Digital Banking solutions such as Business Internet Banking and HSBC UK Business Banking app to enable payments and mange accounts online
Cash and cheque deposits in HSBC UK branches or Post Office locations
Regular monthly statements
Contactless debit card
£5 - Monthly Fee
Free - Payments online (made via Business Internet Banking)
Free - Debit card payment
0.40% of value deposited - Cash deposit in branch or Post Office
40p per cheque - Cheque deposit in branch or Post Office
If your organisation is a club, society, or association with a turnover of less than £2m you can apply online. All key controllers can complete their details in their own time, and you will need to upload the required supporting documents during the application process.
If your organisation is not a club, society or association or has a turnover of more than £2m, you will need call HSBC on 0800 731 8904 to discuss the next steps
Further information and application
All key controllers must be 18 or over, a UK resident with a business address in the UK and free from financial judgements, arrangements and missed payments.
The organisation must be a registered charity, co-operative or community benefit society registered with the FCS, credit union or community interest company
Account must not go above any one of the following annual account limits:
Credit turnover more than £1 million
Deposit more than £100,000 in cash
Deposit more than 5,000 cheques
Free Post Office deposits
Incoming a payment app
Access to legal, technical and HR services with Assurant
Access to merchant services with Fiserv
Free business webinars
PVC- free debit card
A beyond carbon neutral bank
Mobile App and UK based customer support
Online Banking and Branch support
Free- Monthly service charge
Free - Cash paid in branch and Post Office
Free - Cheques paid in branch and Post Office
£1.60 - Cash exchanged (Per £100)
Company details, including tax information, expected turnovers and funds received by business
Identity documents, such as driving license
A device to take a selfie
Key holders’ details, full name, contact details, date of birth and address history for all.
You need to read and save important documents such as account Terms and Conditions