Accountable is an online fiscal hosting service, which acts like a bank and holds money on behalf of groups. Accountable is run by the Social Change Agency CIC and is designed specifically to help community groups who don’t have a bank account. Groups can simply and transparently manage their money using Accountable’s online platform. There is a one-off set up fee of £42 and then Accountable charge 5% of all the group’s income.
Notes:
Accountable is an online fiscal hosting service, which acts like a bank and holds money on behalf of groups. Accountable is run by the Social Change Agency CIC and is designed specifically to help community groups who don’t have a bank account. Groups can simply and transparently manage their money using Accountable’s online platform. There is a one-off set up fee of £42 and then Accountable charge 5% of all the group’s income.