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payments [2018/02/22 16:27]
exchequer
payments [2018/10/21 14:11] (current)
exchequer
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 At the end of every quarter (September, December, March, June) or earlier, the funds collected by the branch for both event memberships and kingdom levies should be remitted to the Chancellor of the Exchequer and the relevant Corporate Treasurer.\\ At the end of every quarter (September, December, March, June) or earlier, the funds collected by the branch for both event memberships and kingdom levies should be remitted to the Chancellor of the Exchequer and the relevant Corporate Treasurer.\\
-Branches in Australia are required to calculate their amounts and remit funds in Australian dollars. ​ Branches in New Zealand are required to calculate their amounts and remit funds in New Zealand dollars (on a dollar for dollar basis).\\ ​+Branches in Australia ​will be notified by the Exchequer of amounts owed and are required to remit funds in Australian dollars. ​ Branches in New Zealand are required to calculate their amounts and remit funds in New Zealand dollars (on a dollar for dollar basis).\\ ​
  
 Funds can be remitted to the following bank accounts by cheque or direct credit. Funds can be remitted to the following bank accounts by cheque or direct credit.
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 ===== Information on deposits ===== ===== Information on deposits =====
  
-When making electronic deposits, you should clearly indicate in the comment fields which group the deposit is from.+When making electronic deposits, you should ​**clearly** indicate in the comment fields which group the deposit is from.
  
-It is permissable to combine deposits, but in that case you should also indicate what the total is made up of ie : 116+24+52 +It is not permissable to combine deposits ​as levies ​and insurance are paid into seperate accounts.
- +
-When manually depositing a cheque, you should send a note to the exchequer ​and the relevant incorporated treasurer stating the above information. +
- +
-Ideally you should make all of the deposits yourself at the relevant branch rather than mailing cheques to be deposited on your behalf.+
  
 +When depositing amounts it is also recommended to notify the country specific Board Treasuer and Exchequer.

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