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#704046 - 03/21/07 02:17 PM The Do's & Don'ts on accepting $ for a benefit
City Girl Offline
100 Club
Joined: Sep 2005
Posts: 159
Midwest
I thought I remembered seeing a post or article on appropriate situations when a bank can accept money from people on behalf of some benefit but I cannot find it now. One of our banks is wanting to place and ad in the paper that people can drop off their money for a sports related benefit (help pay the expenses for some kid to go somewhere?), the money will not be deposited in an account. I thought I remember seeing something that did not allow this (i.e., we would have to open up an account instead). Can someone point me in the right direction?

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Deposits and Payments
#704107 - 03/21/07 02:57 PM Re: The Do's & Don'ts on accepting $ for a benefit City Girl
MN Banker Offline
Platinum Poster
Joined: Aug 2006
Posts: 980
This article might be helpful

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