Corporate Options Account

A Corporate Options Account can be used to store and accumulate funds for your charitable giving activities. These accounts offer two significant benefits - convenience and control. Funds associated with a specific charitable goal can be easily identified, contained and managed.

  Uses of a Corporate Options Account

Our clients use their Corporate Options Accounts for a variety of purposes, for example:


  • Depositing funds to cover the administration fees for Payroll Giving, or Every Penny Helps schemes

  • Depositing funds to cover the matching of employee Payroll Giving deductions

  • Collecting employees’ Payroll Giving deductions on behalf of a “Charity of the Year”

  • Collecting other funds raised from post-tax income, which may qualify for a Gift Aid enhancement

  • Holding corporate funds ring-fenced for charitable purposes


  Operation of account

Making Deposits

  • Deposits can be made by BACS or bank transfer to your account.

  • Funds are required to be accompanied by a remittance advice/email confirmation.

  • We will provide our bank details when we send confirmation that your account has been opened.

  • Monies stored in a Corporate Options Account do not accrue interest.

  • There is a standard charge of 1% on deposits, capped at £1,500.


Making Disbursements

  • Separate online management is available for each named account, where you can see your balance & transactions

  • Instructions to make disbursements to charity can be made by submission of an Excel, or similar, schedule.

  • Other disbursements may be initiated by Charitable Giving depending on the purpose of the account, e.g. for paying scheme administration charges, or to match employee donations.


  Set up an account

Due to the flexible nature of our Corporate Account service, we highly recommend speaking with us first. This will give us a chance to make sure this service is suitable for your wants and needs before progressing further.


Please contact us to apply for a Corporate Options Account. Once we have received the completed paperwork, it may take up to 10 working days for us to set up your account.


Once your account has been opened we will send you an email advising our bank details to enable you to make an initial deposit of funds.