This article explains how EOR employees can add and manage their bank account details on the Deel Platform.
The salary will be deposited into the updated bank account in the current month, as long as the cut-off date for the employment country hasn't passed. If the cut-off date has passed, the new account will be used for the next pay cycle.
For more on how to add a bank account, please see the Adding Bank Accounts and Splitting Salary Between Multiple Accounts article.
Before Starting
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EOR employees are paid through local bank transfers and are made in the employee's local currency
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A local bank account in the employee's name is required for tax and compliance purposes
The name on the account must match the employee's name on Deel.
Using a bank account in someone else's name will cause the salary deposit to be delayed or declined.
How to Add a Bank Account
✅ Step 1 - Open the Bank Account page
Select the Finance icon on the home page and then click the Bank Accounts tab.
Click Add Bank Account.
Enter the bank account location and currency for the payment.
✅ Step 2 - Add account details
Enter details like the account number, bank name, and account type.
✅ Step 3 - Add personal information
Employees will need to enter their name, address, and contact information.
The name must be the full name as it appears on their bank account.
Please ensure that the address entered matches the address registered with the bank.
✅ Step 4 - Save account
It is possible to assign a custom name to the account, which will appear on Deel.
Review the account details and then click Save.
How to Change Bank Account Details
✅ Step 1 - Open the Bank Account Tab
Select the Finance icon on the home page and then click the Bank Accounts tab.
✅ Step 2 - Click Edit
Click on the bank account, and select edit to update the bank account information and details.
Please confirm that the account number and recipient details are correct before saving.
Please note that if bank account details are changed after the payroll cut-off date for the location, changes will not take effect until the following payroll cycle.
FAQs
[ACCORDION] Can I use a bank account in a different country than my contract employment country?
Yes, you may add an international account from a bank in a different country than your contract employment country.
Please note: using an international account may result in unpredictable delays in receiving your salary, unknown foreign exchange rates, and third party processing fees that we can neither control or predict.
You will be prompted to manually confirm that you are aware of this possibility and wish to continue using an international account.