27. Are there provisions requiring donations to go through the banking system?

Palau

Palau

Answer
Yes
Source

(d) Unless returned to the contributor, all monetary contributions shall be deposited into a single account in a bank located in the Republic within seventy two (72) hours of their receipt, and all expenditures of two hundred fifty dollars ($250) or more shall be made by way of a check drawn on this account. The candidate shall inform the Commission of the name of the bank and the account number within five business days of establishing the account.

Source: Article 607, Palau National Code, Title 33 Public Employment Chapter 6 Code of Ethics revised edition April 2014

Comment

All donations must be deposited into a single bank account. All expenditures of $250 or more must be by cheque drawn on this accout

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