How and when are funds transferred to my nonprofit?

Support Team -

Funds are remitted at the end of each month following the receipt of donations - this is to ensure we remit the total amount for the month (up to the last minute of the last day!). It also gives us time to do our internal reconciliation and set up the bank transfer.
So, for example, we will remit all funds raised in the full month of July towards the end of August. You will receive an email from our Finance Team when they have remitted your funds to your bank account and on top of that they will include a remittance report/invoice. 

We appreciate that at year end you may need to clear these funds sooner to ensure they are received and included in your accounts for that year - in these instances, please contact us directly. 


Important Note: Bank accounts must be officially allocated to the registered nonprofit entity or educational body. SimplyGiving.com do not remit funds in to personal or business accounts unless verified by the nonprofit beneficiary and at our discretion. 


 
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