How Do I Change My Bank Account Transfer?

Changing your bank account transfer depends on the type of transfer you’re referring to. Here are a few scenarios and how to handle each one:

Changing a Recurring Transfer

If you want to adjust an automatic transfer set up between your accounts, follow these steps:

1. Log in to your online banking: Access your bank's website and log in using your credentials.
2. Locate the "Transfers" or "Payments" section: This section usually contains options for managing recurring transfers.
3. Select the transfer you want to change: Find the transfer in the list and click on it.
4. Edit the details: You can modify the amount, frequency, recipient account, or any other relevant information.
5. Confirm the changes: Review your modifications and confirm the changes to finalize the update.

Changing a One-Time Transfer

If you want to modify a one-time transfer you've already initiated, you may need to contact your bank directly. This is because the transfer might have already been processed.

Here's how to contact your bank:

• Call their customer service number: Look for the number on their website or your bank statement.
• Visit a branch: If you prefer, visit a branch location for assistance.
• Use their online chat feature: Some banks offer live chat support on their website.

Important Note: It's crucial to act promptly if you need to cancel or change a transfer. Contact your bank as soon as possible to minimize any potential issues.

Changing a Transfer to a New Account

If you're changing your bank account entirely and need to update your transfers, you'll need to create new transfers using the new account information.

Follow these steps:

• Set up new transfers: Use the online banking system or mobile app to create new transfers using the new account details.
• Cancel old transfers: Make sure to cancel any existing transfers linked to your previous account.

Remember: You might need to update your direct debits or standing orders with other organizations as well.

Examples:

• If you're changing your monthly rent payment to a new account, you'll need to update the transfer details with your landlord.
• If you're changing your salary payment to a new account, you'll need to update your employer's payroll information.