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Payments

If my business is using the Construction Industry Scheme (CIS), can I make use of Tide Accounting?

Unfortunately, at the moment, Tide Accounting would then not be compatible. We plan to make the tool available for businesses using CIS in the future.

To make a payment from the app, tap: ‘Payments’ > select your main account > 'Send'. If you have multiple accounts, your main account will be the first one on the list. Then tap: 'Make an international payment' > 'Select EUR as currency' and add:

The payment amount

Your reference

You recipient details (Name, IBAN, Address, etc)

We'll show you a live exchange rate and a fixed FX markup fee on the same screen, as well as the payment total in GBP.

To make a payment on the web, go to: ‘Payments’ > ‘Make an international payment’. Fill in the same details listed above, and we’ll show you the exchange rate and FX markup fee here as well. Then, open your Tide app to approve the payment.

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