DWP will look for 'two things' when it starts checking benefit claimants' bank accounts
manchestereveningnews.co.ukThe Department for Work and Pensions (DWP) will focus on 'two things' when it begins checking benefit claimants' bank accounts as part of a capped legislative initiative to curb fraud, debt and error.
With these impending powers, DWP investigators will have the ability to scrutinise claimant's banking activities. These checks come under the auspices of "Third Party Data Gathering".
Described as a "data sharing" power, it requires firms like banks to furnish relevant data to the DWP that might indicate an individual does not meet the financial requirements for their claimed benefits notably excessive savings.
Presently, Universal Credit agreements negate qualification if you hold more than £16,000 in cash, investments or savings. This rule delineation will be a central focus for the DWP. Read more: Retired nurse, 74, tells police she will 'f****** kill that c*** next door' as neighbour row about a delivery driver escalates Additionally, they'll assess if recipients are living abroad beyond prescribed limits.
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