Bulk Transfers
Bulk transfer means sending funds via one financial transfer, which you can then give to one or multiple Collectives.
Once the fiscal host confirms the funds have been received, they allocate that amount to your Organization, which you (and your team) can then distribute to Collectives as you wish.
Different fiscal hosts may have different processes for bulk transfers. Before sending, please confirm their policies and payment details, and let the fiscal host know to expect the funds.
Bulk transfer process
Set up an Organization
Request an invoice from the fiscal host if needed
Confirm the fiscal host's payment details
Send the funds via bank transfer or other agreed method
Fiscal host confirms receipt
Fiscal host allocates the funds to your Organization's balance
Go to the Collective you want to support
Select the contribution amount you want to give
Select your Organization as the source of funds
Done!
Open Source Collective bank details
The Open Source Collective is the fiscal host which houses most open source software projects on the platform.
Address: Open Source Collective 340 S Lemon Ave #3717 Walnut, CA. 91789, USA
Bank details: Bank name: Umpqua Bank Bank address: 450 Sansome St. Account name: Open Source Collective Account Number: 4864122233 ABA: 123205054 SWIFT: UMPQUS6P
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