A Direct Earnings Attachment (DEA) is a request from the Department for Work and Pensions (DWP) to deduct benefit overpayments from an employee’s pay. These requests usually come as a letter with payment instructions.
When processing DEA, you should:
To see your EUR SEPA details, go to the 'Payments' tab > tap 'Details' next to your main
account > 'EUR SEPA'. Then, tap 'Share' to share them with your payors from SEPA countries and receive payments from them.
We’ll convert any euros you receive into pounds and credit them to your primary GBP Tide bank account, minus a 0.50% FX markup.
Inform the employee about the upcoming deduction
Deduct the amount in Tide Payroll
Go to: Admin > Payroll > select the current pay period > select an employee > add the DEA amount as a net deduction..
You can receive international payments in GBP via SWIFT (Society for Worldwide Interbank Financial Telecommunication) too.
Send the deducted amount to the DWP, by following the instructions in the letter you received. You must make the payment by the 19th of the month after the deduction.
If the employee leaves before the debt is settled, notify the DWP.
See more details, specifically on benefit debt deduction, here.
You can’t send payments via SWIFT but we will let you know if we make this possible in the future.