How does ClubCollect ensure the safety of my financials?
What happens when a member pays an invoice?
When a member pays an invoice, the funds are initially held in a ClubCollect account. They will then be paid out to your organization in a weekly payout from ClubCollect.
How does ClubCollect ensure the safety of my financials?
We understand that your financials are crucial, and we are committed to managing them with the utmost care. Here’s how we ensure your funds are secure:
- **Registration**: ClubCollect is registered with the Dutch National Bank, ensuring compliance with regulatory standards.
- **EU Regulatory Coverage**: We have full regulatory coverage across the EU, providing an added layer of security.
- **Dedicated Payment Processing**: Payments are processed through a dedicated account, which helps limit your exposure to our operational activities.
- **Regular Payouts**: We ensure that funds collected are paid out on a regular basis.
- **Focus on Security**: Our operations are conducted with a high emphasis on security to protect your financial interests.