EOR employees, Global Payroll direct employees, US Payroll employees, and PEO employees may be able to add up to 5 bank accounts on their Deel account and split their salary distribution between accounts.
Where available, splitting salary between multiple accounts may be useful for employees who use different bank accounts to pay bills, build savings, or handle expenses and taxes.
Please make sure the bank accounts added are in the same currency as the contract to avoid possible delays and fees
In this article:
How to add a bank account on Deel
How to split salary between bank accounts
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.
Please make sure the bank accounts added are in the same currency as the contract to avoid possible delays and fees
✅ 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 give the account a custom name that will appear on Deel.
Review the account details and then click Save.
How to Split Salary Between Bank Accounts
Please note that adding multiple bank accounts is not available for all employees.
✅ Step 1 - Open the Bank Account page
Select the Finance icon on the home page and then click the Bank Accounts tab.
Click Edit on the Salary Distribution card.
Employees will only see this button if the option of adding multiple accounts is available in their country.
✅ Step 2 - Split the salary payment
Change the percentage amount of the salary to be received between the bank accounts.
The summary box will explain the percentage distribution and when the changes will become effective.
It's that easy!
FAQs
[ACCORDION] What if the cut-off date has already passed?
If the cut-off date for the current payroll cycle has passed, the changes will go into effect from the following cycle.
Employees will see on the platform the payroll cycle dates from which the changes will go into effect.
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[ACCORDION] Can employees enter a specific numerical amount into an account instead of a percentage?
No, employees can only distribute their salary between multiple accounts using percentages.
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[ACCORDION] What is the minimum percentage amount employees can enter?
The minimum amount is 1% for an account. Decimals are not allowed.
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[ACCORDION] Will the client know how employees distribute their salary?
No. The client will not know if the salary is deposited into one account or split among multiple bank accounts.
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[ACCORDION] Can employees add a bank account from a different country than where they work?
Only EOR and Global Payroll employees in SEPA (Single Euro Payments Area) countries can add an international bank account from a SEPA EUR country different than their contract's employment country.
But please note, that using an international account may result in unknown delays in receiving the salary, foreign exchange rates, and third-party processing fees that we can not control or predict.
Employees must manually confirm that they are aware of this possibility and wish to continue using an international account.
US payroll employees cannot add a bank account from a country other than the US.