Dear Group Members,
Can we transfer FCRA fund from one FCRA bank account to another FCRA bank account?
By mistake, donor sent the fund to an NGO. The fund is now in FCRA bank account of the NGO. This NGO is ready to transfer the fund to the NGO to whom the fund belongs to.
We are in touch with some auditors. Some auditors are saying, fund can be transferred from one FC bank account to another FC bank account. Some auditors are saying it can not be. Prior permission is required from Home Ministry.
Thanks & regards,