E-Accounts overview
Life Champions leverages its
e-money partnerships with Banks and prepaid debit card
providers to deliver a new form of money management
for charities and organisations with thousands of regional
offices. Our E-accounts have been designed specifically for a
number of sectors including:
- Charities
- IVA agencies
- Armed forces financial services
Girlguiding UK (a UK registered
charity) is currently piloting the use of our e-accounts to help
manage the funds of its 30,000 local units. Currently each unit ,
which is also a registered charity, has to open an account with a
local bank. Once the account is open there are logistical issues in
co-signing payments, issuing cheques and remitting annual fees to
Head Office.
Our new e-acccount can be opened in
seconds with full security protecting Unit's funds. Prepaid
MasterCards are attached to the accounts so that Unit leaders can
make purchases of good and services without the need to use a
cheque or BACS payment.
Click on the tab above to see
a short video explaining how our e-accounts work and the
benefits they provide.