How to Set Up a Bank Account

All fundraisers receiving donations must have a bank account in order to receive the funds they raise.

  • You can only add your bank account information after you have received your first donation.
  • Once you've entered your bank account information, you'll be set up to receive our regular disbursement cycle. The three week disbursement process cannot be changed.

To add your bank account information:

  • Login to your account on www.generosity.com
  • Navigate to your Fundraiser Dashboard
  • Select the "Funds" tab on the top right of your Dashboard screen
  • Select "Add bank account"
  • Provide the bank account information where you'd like the funds to be received

Please Note: If you are raising money for someone else, we ask that you enter their bank account information. This way we can ensure that the funds raised can be sent to them directly.

What Type of Bank Account Can I Use?

You can use a personal, checking or savings account.

What Bank Account Information Do I Need to Provide?

The requested bank information depends on what country your bank account is located in:

United States:

  • Name on account
  • Account number
  • Account address
  • Routing number
  • Bank name
  • Your phone number (so that we can contact you if there is a problem)

Non-U.S.:

  • Name on account
  • Account number or IBAN (for Europe)
  • Account address
  • SWIFT code (also known as BIC)
  • Bank name
  • Bank city
  • Transit code (Canada only)
  • BSB (Australia only)
  • Intermediary bank information (if applicable)
  • Bank to bank instructions (if applicable)
  • Your phone number (so that we can contact you if there is a problem)

Account Number / IBAN

Your bank account number is the first number on the bottom of a check. It can also usually be found on your paper bank statements. For European accounts, you will be required to provide an IBAN, or International Bank Account Number. The IBAN is the same as your bank account number, but with a few extra numbers at the beginning.

We will ask you to enter your bank account number twice, to help catch any errors.

Routing Number (or ABA)

Your routing number is a 9-digit code that identifies your bank. Your routing number must start with two digits in the following range:

00 - 12, 21- 32, 61 - 72, 80

We will not be able to disburse funds if the first two digits of your routing number do not fall within that range. If you are unsure of which routing number to use, you can look it up here, or call your bank. You can usually find your routing number on the bottom of a check:

SWIFT code

A SWIFT code is an 8- or 11-digit alphanumeric code that is used to identify a bank in an international wire transfer. If you're not sure of your SWIFT code, call your bank. Every bank has one!

If your SWIFT code ends in -XXX, please remove these last three letters when you save your bank information on your "Get Funded" tab.

Transit code (Canada only)

Transit Codes are required for bank accounts in Canada and can be entered in the format XXXYYYYY, where XXX is the Institution Number, and YYYYY is the Branch Number. If you don’t know your bank’s Transit code, contact them directly.

 

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