• Sign in Join CharityConnect
  • About us
  • Terms of Use
  • Community standards policy
  • Privacy Policy

Powered by

Back

The charity network that helps you shine.

Join 18,871 professionals and find your community in the UK charity sector.

Join CharityConnect

CAF bank fail, the day saved by Stewardship!

Finance

Peter Davies Finance Manager at FirmFoundation Posted 21 days ago

CharityConnect: CAF bank fail, the day saved by Stewardship!
Stewardship Payroll Bureau emailed its CAF bank clients yesterday to advise that "we were unable to collect funds from a number of our CAF Bank clients’ as their usual monthly Direct Debit failed. The failure to collect payroll funds occurred as a result of unfortunate complications following the launch of CAF Bank’s new online banking service last week." To their great credit they have decided "to cover these funds in the interim to ensure that your employees are paid on Monday, 30 June as planned ... confident that these funds will be returned back to us shortly. Over the next few days, we will continue to try to receive your payment from CAF Bank." 
CAF is a failed bank and I'm so grateful that our payroll is managed by a charity specialist that is in a position to ensure that our staff our paid in spite of CAF's failure to process the direct debt.
Report
{{postCtrl.totalLikes}} Likes
Facebook Twitter LinkedIn Email Whatsapp

Optional. An image can be added at the top of the comment. Images must be in PNG, GIF or JPG format. Unsplash.com is a great source for royalty free and high quality photos.

No responses yet. Be the first to reply!

{{ctrlComment.postTotalComments}} responses

Load more responses
See previous comments
See new comments

Related posts

Have Other Charities Faced Sudden Bank Account Closures? Seeking Advice and Recommendations

Eve Mapanda

Admin, Ops, IT & Finance

Experiencing CAF bank issues

Neil Morley

Admin, Ops, IT & Finance

How do you handle a dismissive trustee? (Anonymous post 🤫)

Ocean King

Leadership & Governance

Community payback placements advice

Rebecca Hutchinson

Volunteer Management

Linking pay and performance

David Partridge

Recruitment & HR

  • About us
  • Privacy
  • Community standards policy
  • Terms
  • Advertise with us

Powered by

© 2025 JobLadder

Report an issue

Help us keep CharityConnect safe and friendly by reporting spam or abusive behaviour.

What's the issue with this content?

How is this content abusive or harmful?

Report an abusive behaviour

Likes

{{ item.UserName }}

{{ item.UserName }}

{{ item.UserJobTitle }} at {{ item.UserOrganisationName }}

Show More

Likes

{{ item.UserName }}

{{ item.UserName }}

{{ item.UserJobTitle }} at {{ item.UserOrganisationName }}

Show More
{{ msg }}

Sign in

Like this? You'll love what we've got inside. Sign in to like this post and see more

Forgot password

Don't have an account? Join CharityConnect today.

{{ rootCtrl.infoModal.getTitle() }}

{{ rootCtrl.infoModal.getBody() }}

Likes

{{ item.UserName }}

{{ item.UserName }}

{{ item.UserJobTitle }} at {{ item.UserOrganisationName }}

Show More