Tuesday, March 28, 2006

HSBC Gift-Aid facility added to ATMs - Money News

HSBC Gift-Aid facility added to ATMs - Money News: "HSBC Gift-Aid facility added to ATMs

Tue 28th Mar 2006


A HSBC Gift-Aid facility will now be available through its automatic teller machine (ATM) technology across the country.

Gift-Aid allows charitable donations to be made without being taxed, giving recipients of contributions the opportunity to reclaim any income tax paid on the amount they receive.

The bank claims to have been the first organisation to introduce the ability to make charity donations when it did so last November, following the commencement of the initiative in Mexico."

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