Checks on money going in and out of bank account?

lily84
lily84 Online Community Member Posts: 38 Connected
edited March 20 in Employment and Support Allowance (ESA)

Hi, ive read a few times now of people being queried by dwp about random amounts of money going in and out of their bank accounts, even small sums of £50 etc. Why do they do this if you are allowed savings upto £6,000. Do they question everything to do with your bank account now as it seems pretty intrusive doesn't it???

Just curious to know how it all works now

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  • anisty
    anisty Online Community Member Posts: 791 Trailblazing

    It is very intrusive but they are looking for hidden capital and you can imagine £50 being sent to a relative's account to save for you is going to add up over the years.

    So - regular payments going to other personal accounts with no good explanation (of course there might be a perfectly good explanation - they are just checking it's being spent and not stashed)

    That's it basically - as long as you're not moving money around accounts to hide it and save it up.

    Spend it all and you won't have an issue.

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