Have you ever been appointed to manage fundraising for your neighborhood association, alumni group, or office? The scenario is almost always the same: you have to share your personal bank account number, verify piles of transfer receipts one by one, and manually draft financial reports.
Besides being time-consuming, collecting funds using a personal account is often prone to awkwardness or misunderstandings regarding financial transparency.
To solve this problem, the Shared Pocket feature from Bank Jago offers a collective solution that makes the donation process more practical, organized, and transparent.
Why Is Collecting Donations via the Shared Pockets Safer and More Practical?
1. Real-Time Transparency Without Manual Summaries
When using a Shared Pocket, every joined member can automatically view the accumulated balance and complete transaction history (money in and out) directly from their Jago app.
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The Benefit: You no longer need to create periodic financial summaries or share transfer screenshots in chat groups. All contributors can monitor the cash flow openly.
2. Your Personal Account Remains Isolated
Combining donation funds with your personal operating money in a single account poses a high risk of cash flow mixing.
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The Benefit: By creating a separate Pocket dedicated to donations (e.g., "Disaster Relief Pocket" or "Condolence Fund"), your personal finances stay secure and won't get mixed up with public money.
3. Easy Access Without Inter-Member Transfer Fees
Group members who already have a Jago account can transfer funds from their personal Pockets to the Shared Pocket within seconds with zero admin fees. For contributors who haven't used the Jago app yet, they can still send donations via standard bank transfer directly to the Pocket number.
4. Customizable Access Rights
The Pocket Creator (Owner) holds full control to set each member's role. You can decide whether other members have View Only access (to see balances and transaction history) or permission to Make Payments/Withdrawals based on your mutual agreement.
A lot of Jago Users Can be Invited to the Shared Pocket
You can invite anyone, whether they are fellow alumni, colleagues at the office, friends or family members, to collect donations together. As long as they have a Jago account, all you have to do is invite them to join the Shared Pocket.
How to create a Shared Pocket? You can follow these simple steps:
- On your Pockets tab, choose the Pocket you wish to change into a Shared Pocket.
- Find and tap the Invite button on the top of the screen.
- Choose members to invite from your Jago Contact or your Phonebook.
- Select a role for the invitee.
- Once accepted, your Pocket will automatically change into a Shared Pocket.
Manage Public Funds with Greater Accountability
Social initiatives and good intentions to help others will run much smoother when supported by a trusted money management tool. By using the Shared Pocket, you not only simplify the task of fundraising managers but also give donors complete peace of mind and confidence.
Planning a fundraising activity in the near future? Create your Shared Pocket in the Jago app today!
