What is a Chariot Deposit Account?
A Chariot Deposit Account is an FDIC-insured bank account held in your organization's legal name at Column N.A. It acts as a receiving account that sits between Daffy and your charity's external bank.
Here is how it works:
Daffy sends donation funds to your organization's Chariot Deposit Account.
Your organization transfers funds from the Chariot Deposit Account to your external bank on your own schedule.
Chariot sends an email notification when a deposit is available. The status of each deposit is visible in real time in the Chariot dashboard.
Chariot covers one free transfer per week from your Chariot Deposit Account to your organization's external bank account.
Understanding Donations & Deposits
Donation: An individual donation from a Daffy member to your organization. Each donation includes donor details such as name, amount, and purpose.
Deposit: A payment settlement from Daffy to your Chariot Deposit Account. A single deposit may include multiple donations from different donors.
For more information, see Chariot's Help Center article on donation management.
Need Help?
For questions about a specific donation, contact Daffy at support@daffy.org. For technical questions about your Chariot Deposit Account or charity dashboard, contact Chariot Support at support@givechariot.com.