Access to cash savings can make all the difference in supporting the communities you serve. That’s why the Insignis Cash platform is designed to help your organisation maximise its cash reserves without the administrative hassle.
It is quick, convenient, and simple. With just one application form, you gain access to exclusive and competitive rates from dozens of banking providers.
You remain the beneficial owner of your funds at all times and with easy access, short notice term accounts, and fixed-term deposits you can draw down funds exactly when your organisation needs them.
Increase the cash for your cause without an increase in time or efforts.
The minimum deposit size is £250,000. No ongoing minimum balance requirement.
Insignis Cash is committed to providing charities and not-for-profit organisations with the best solutions for their cash management needs.
Access competitive and exclusive interest rates across a wide range of savings accounts allowing you to grow your financial resources and create even greater positive change.
24/7 availability, two-step authentication, and dual authorisation for secure transactions. Your funds are exclusively held in your organisation name and can only be withdrawn to a designated account from the platform.
Enhance your FSCS protection eligibility by spreading your savings across multiple banks all at the click of a button. All UK-based banks on the Insignis Cash platform are members of the UK Financial Services Compensation Scheme (FSCS).
One form gets you access to our current and future banking partners. No more searching for appealing savings rates or painstakingly collecting trustee details to switch savings accounts. Instead, you can concentrate on what truly matters.
Manage your savings in one place. Our platform streamlines your cash management operations, allowing you to focus more time and energy on your core mission.
We are built on trust; our UK-based Client Services team is available to assist with any enquiries or guide you along your journey. For instance, we can send you helpful reminders when your fixed-term products reach maturity.
Helpful Hounds Assistance Dogs was delighted with the service and terms that we received from Insignis Cash when setting up our Savings Accounts. The personal help and information we received when making our choice of providers was invaluable. Added to that, the method of applying for accounts using a single form, together with the ease of transferring the money, made the whole process straightforward.
I looked at several cash management platforms before settling on Insignis Cash. It was clear that they were easy to work with, very responsive, and had done some research on credit union needs. We can now quickly and easily spread our risk, investing our excess funds for maximum return without the hassle of dealing with multiple banks and deposit takers.
We have been very impressed with Insignis Cash. It is an easy to use platform which allows funds to be placed in a simple manner offering very competitive terms. This is all backed up by a friendly and efficient team.
Before Insignis Cash, we spent a great deal of time filling in endless forms, getting together the right signatories, and researching where to place our funds - during which time the markets might well have moved. Signing up with Insignis has done away with all of that, and we are able to place funds in a matter of minutes, with no additional forms to complete. We have access to the best rates, and choose only from institutions that meet our investment policy.
Insignis Cash has transformed our ability to manage our cash reserves, it is really easy to use and once set up has enabled us to get the best rate on our money without the associated cottage industry of trustee approvals and signatures. I would definitely recommend this platform to any hospice or charity.
All our banks and building societies are covered under the FSCS scheme up to £85,000 per depositor, except for a Guernsey-based building society, which is covered under the Guernsey Banking Deposit Compensation Scheme (up to £50,000 per individual).
Once a client deposits funds into their Hub account, we set aside the annual account service fee and draw down monthly payments in arrears from this fee reserve account. We charge a minimum of one quarter of the fees, after which fees are charged pro rata. While the funds are in the fee reserve, they remain in the client’s name. There are no other fees for the Insignis Cash service.
Our deposit takers may allow accounts to be broken early in cases of bereavement, on provision of the relevant legal documentation. Other than bereavement, they will consider breakage requests where valid reasons may include customers in vulnerable circumstances (e.g., terminal illness) or sometimes cases of extreme financial hardship. Deposit takers review all breakage requests on a case-by-case basis. If the conditions are not met, notice must be served or maturity reached, for clients to access their funds.
Clients’ funds are securely held by the relevant financial institutions, not by Insignis Cash. Funds would be retained by the banks and building societies until maturity (if applicable), when the funds will be returned to the linked account.
Join the many charities, not-for-profit organisations, and trusts who are earning competitive returns on their cash reserves through the Insignis Cash management platform.