CAF COMPANY ACCOUNT FEES
The fee structure on a CAF Company Account is split in two:
CAF CONTRIBUTION
We deduct a contribution from each donation into a CAF Company
Account to support our work and grant making activities. The
contribution is taken when funds are deposited in line with the
bands outlined below.
Please note that this contribution includes your account
administration costs which are inclusive of VAT.
If during the CAF financial year (1 May to 30 April), no
payments have been made into the CAF Company Account (or if
cumulative payments have not met the minimum threshold necessary to
generate the minimum CAF contribution of £300) the £300 minimum CAF
contribution (or the outstanding amount if some contributions have
been paid) will be deducted from the CAF Company Account at the end
of the CAF financial year.
NCVO CONTRIBUTIONS
We are obliged to take a contribution from each donation into a
CAF Company Account to support the work of our founder, the
National Council for Voluntary Organisations.
EXCEPTIONS
CAF and NCVO contributions will not be taken from
CAF Company Accounts that are:
- solely used to hold funds relating to fees and/or matching
payments for CAF services
- solely funded by transfers from another CAF Company Account
held by your organisation
CAF and NCVO contributions are based on the value
of payments into the CAF Company Account during the CAF financial
year.
Please note: The bands for
the CAF Company Account fee contributions are indexed annually on 1
May according to the Retail Prices Index.
GET IN TOUCH
If you have any questions about these
contributions and fees please contact our Customer Service team on
03000 123 000 or email companyaccounts@cafonline.org.
PAYMENTS TO NON-UK CHARITIES
CAF reserves the right to levy a fee for payments
to non-UK charities (in addition to the bank charges specified
above) in certain circumstances e.g. a high volume of payments
to non-UK charities. This fee would be agreed with your
organisation in advance of any payments being made.
For more information on fees for payments to
non-UK charities please contact our Customer Service team on
03000 123 000.