Sammelkonto
Sammelkonto, literally “collective account,” is a type of bank account used to pool funds from multiple contributors into a single financial repository. It is typically established by associations, clubs, schools, or campaigns to collect membership dues, event proceeds, donations, or project contributions. The funds are usually managed by a treasurer or appointed administrator on behalf of the group, and disbursements are made according to predefined purposes or budgets. Contributors typically transfer money to the Sammelkonto rather than to individual members.
A Sammelkonto is distinct from a joint account (Gemeinschaftskonto) held by multiple individuals with shared access;
Administration and governance should include clear rules on contributions, authorized disbursements, audit trails, and reporting. Regular
Advantages include simplified administration for group finances, easier pooling of resources, and clearer budgeting. Risks involve
Examples include a sports club using a Sammelkonto to collect membership dues and sponsorship funds, a student
See also: Gemeinschaftskonto, Treuhandkonto, Spendenkonto, Vereinskonto.