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Hoots : Is it possible to place money in an account where I can authorize people to view the balance? I'm entering a software contest in which the winner will be awarded a sum of money. However, part of the qualifications for winning - freshhoot.com

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Is it possible to place money in an account where I can authorize people to view the balance?
I'm entering a software contest in which the winner will be awarded a sum of money. However, part of the qualifications for winning is that the winner can demonstrate the ability to be able to afford supporting their software independently for a reasonable amount of time.

What I would love to be able to do is promise the contest organizers that if they choose my solution, I would dedicate a fraction of the prize money to maintaining the software. Obviously, however, I'm afraid they won't believe me and that will hurt my chances. Could I set aside some money somewhere that they can have access to the balance and hold me to my promise? Or, is this a crazy idea and I just need to gain their trust in other ways?


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If the money awarded is sufficient to cover the cost of supporting their software, then you can at the time of entering the contract make a pledge of the money.

However if you need to prove that you have sufficient funds otherwise, you need to ask the organizers what they need, typically a Bank Statement showing the funds may be sufficient in the easiest possible condition, on the other extreme you may need to open an escrow account and deposit the money as safe keeping with the Bank and then produce that letter ...

Depending on the country and Bank, certain Banks allow different passowrds for transactions and different for querying, so you can share the query password ...


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