Cash Deposit Accounts For Charities
Simplify Cash Deposits For Your Charity
We understand that it can be difficult to build and manage cash reserves for charities.
Flagstone provides charities with a digital cash deposit solution to access multiple deposit accounts, easily and efficiently.
With market-leading interest rates from over 30 banks, your charity can earn more interest income and ensure its cash reserves are better protected.
Trusted and convenient cash solution for charities
Market leading rates
Simplify cash deposits
Protect your cash reserves
Charity client case study
16x more income and 100% FSCS protection
The charity had £510,000 reserves with a single bank earning 0.10%. The trustees were keen to increase the interest income and reduce its risk exposure.
The charity's Finance Director used Flagstone to select deposit accounts that met the charity's liquidity needs. They diversified the charity's deposits across six accounts, from six different banks. All through one single account with Flagstone, with a few clicks.
The charity is now generating 16x more income net of fees and its deposits are fully FSCS* protected.