# Your Bank Account

![](https://913408664-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-LiNOVQhjsOFgpkvodjH%2F-LiNOYTxIGgeXP3ry8wr%2F-LiNOZEp8AehDnf8tSKU%2Fimport.png?generation=1561629971876150\&alt=media)

## Your sport 'bank account' <a href="#your-society-bank-account" id="your-society-bank-account"></a>

All official sports teams will have a ‘bank account’ within Goldsmiths’ Students’ Union. This is where all monies fundraised by you, or owed to you, will be paid. Any charges your sports team incur will be billed from here.

You cannot hold sports team monies outside of the SU ‘bank account’. We must be able to demonstrate to students, the UK Charity Commission, and our financial auditors where sports team money goes and how it is spent. Additionally, any money held outside the SU ‘bank account’ that is misplaced or stolen is not insured and cannot be reimbursed by the SU.

You can ask the Sports Coordinator or Administrator for your account balance, but we recommend you keep a log of your income/spending. [We’ve made a handy spreadsheet here for you to use.](https://docs.google.com/spreadsheets/d/1hyoP16K_iiFm1855fYwQOlfAy_glixxtGrhHS03yClg/edit?usp=sharing) Please remember to update this, we will be asking for it at the end of the year.
