What we do Direct Payments Managed Accounts If you’re using Direct Payments, we offer a managed banking service to our service users where we will manage and deal with the financial aspects to your Direct Payments. Traditionally, a Direct Payments user would need to set up their own bank account up for the purposes of receiving funds for their Direct Payments from the Local Authority. This no longer needs to be the case if you opted for managed banking. Dewis Centre of Independent Living will receive the funding directly on your behalf, and can then assist in the following ways: Assisting with PA’s wages. Paying invoices to agencies. Payments to HM Revenue and Customs. Payments to employer’s insurance companies. Payments to Pensions Regulator. The purpose for managed banking is to make life easier for you. Allowing us to take responsibility will take more pressure off you, making it easier for you to focus on other employer responsibilities.