Getting Money In and Out

Money in

Money reaches your shared account by bank transfer. It lands directly in the Group's shared account, the same destination every other transaction uses.

Money out

Spending goes through a Decision, not a direct treasury action:

1. Someone starts a Spend Decision, naming a recipient and an amount.
2. The Group votes.
3. If it passes, the treasury signing flow unlocks and Signers sign.
4. Once enough have signed, one of the Signers sends it. Signing collects the permission; sending is its own step, and somebody has to take it.

See Who Can Spend, and Who Has to Approve for the Signer side of this.

Money owed between organizations

When one organization owes another, that's recorded as a treasury-adjacent obligation, but it's hidden from members by default. See Who Can Do What in Your Group for how that permission works.

Fees

On a paid plan, EnDAO takes no fee on money moved. On the free plan, EnDAO takes 5% of what comes in and 1.5% of what goes out, worked out on the full amount before anything is deducted.

Money that comes in by bank transfer arrives with the 5% already taken: it comes out as the dollars are converted, so the Group receives 95%. Nothing else is needed from anyone.

Crypto sent straight to the Group’s account arrives in full. EnDAO’s 5% is added to your group’s next payment, in the same currency that arrived. Nothing is held up while a fee is owed.

For money going out, the amount you enter is what the recipient receives. The 1.5% is added on top, and the Decision shows all three figures before anyone votes. A payment in ETH carries its fee in ETH, with an approximate dollar figure beside it. If the Group moves to a paid plan before the payment goes out, no fee is taken.

On every plan the bank charges its own fee to move the money, passed through at what the bank charges with nothing added. It comes out of the treasury, or is paid by whoever submits the transaction, depending on your setup. How Money Moves lists what each way of moving money costs.

Related guides

• Who Can Spend, and Who Has to Approve: Signers and the approval threshold.
• Money Given for a Specific Purpose: recording what a funder said money is for.
• What We Report, and What We Don't: the Payee Summary report.