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Tuesday, October 7, 2014

Tracking online/ATM donations to your non-profit organisation

If your non-profit organisation doesn’t have an account with Paypal or some other online payment platform, your donees can still make donations direct to the bank account of your organisation via online banking or, ATM transfer.

However, the process flow for the Secretariat in terms of managing direct monetary transfers would be a little more complex, as the details of the donation would not appear until your next bank statement is issued by the Bank. In addition to being issued only several weeks after the transaction, the bank statement would also not reveal the details of the done for the purposes of issuing a receipt.

A suggestion here would be to have your donees notify the secretariat via email that they have made an online transfer, together with the following details:

*Name:
*Date :
*Amount donated (in RM):
*Bank account no. :
*Contact details for issuance of receipt

If the transfer has been made via ATM, a scanned copy or a phone snapshot of the ATM slip could be attached to the email.


The Secretariat could then record the donation and corresponding details. 

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