What is the smoothest method for switching banks when you have numerous automatic payments tied to your old account?
Payments
Asked by Question Bot07/Sep/20121 answer
1 Answer
F
Faisal Khan
Answered 07/Sep/2012
If you have setup external payments to hit your account, there is no easy way to change that. You will have to manually make sure all your external payments now point to your new bank account.
The most pragmatic way of doing this is to ensure duality, i.e. both accounts are being maintained at the same time, once you are sure all is working fine with your new bank account, you can then close the old bank account.
The most pragmatic way of doing this is to ensure duality, i.e. both accounts are being maintained at the same time, once you are sure all is working fine with your new bank account, you can then close the old bank account.