Financial Managed Account
We will set up a holding account to receive your Direct Payment money from the local authority which is personal to you.
We will then make payments as requested by you and maintain records of income and expenditure so that you can see what your money is spent on. So you can maintain control of your Direct Payment, we will send you monthly statements detailing what you have spent and what you have left in your account. This account is linked to our payroll service and will enable us to make payments directly to your workers and HMRC. We will also liaise with the local authority with respect to your Direct Payments monitoring as requested.