Bulk Transfers
Bulk transfer means sending funds via one financial transfer, which you can then give to one or multiple Communities.
Once the Fiscal Host confirms the funds have been received, they allocate that amount to your Organization, which you (and your team) can then distribute to Communities as you wish.
Different fiscal hosts may have different processes for bulk transfers. Before sending, please confirm their policies and payment details, and let the fiscal host know to expect the funds.
Bulk transfer process
Set up an Organization
Request an invoice from the Fiscal Host if needed
Confirm the Fiscal Host's payment details
Send the funds via bank transfer or other agreed method
Fiscal Host confirms receipt
Fiscal Host allocates the funds to your Organization's balance
Go to the Community you want to support
Select the contribution amount you want to give
Select your Organization as the source of funds
Done!
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