How To Change Bank Info In Shopify

Shopify

Shopify is an ecommerce platform that allows businesses to easily set up and manage online stores.

Its user-friendly interface, comprehensive features, and affordability make it an ideal choice for entrepreneurs.

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How To Change Bank Info In Shopify

Introduction: As an online store owner using Shopify, you may need to change your bank information for various reasons such as opening a new account or updating outdated details. However, it can be a daunting task if you are not familiar with the process

Don’t worry, in this article, we’ll guide you step by step on how to change your bank information in Shopify in a simple and efficient way. Body: Before we dive into the process, it’s important to note that changing your bank information will affect your payment processing and may result in a delay in receiving your funds

Therefore, it’s essential to update your bank details at a time when you don’t anticipate any significant sales. Now, let’s get started with the steps to change your bank information in Shopify. Step 1: Log into your Shopify account and access the ‘Settings’ tab located at the bottom left corner of the page. Step 2: Click on ‘Payment Providers’ from the list of options under ‘Settings.’ Step 3: Scroll down to the ‘Payouts’ section and click on ‘Edit’ next to your current bank account. Step 4: A new window will appear asking for your new banking information

Fill in the details accurately and confirm the changes by clicking ‘Save.’ Step 5: Shopify will initiate a test transaction to your new bank account to ensure it is valid

This process may take up to seven business days. Step 6: Once Shopify has successfully processed the test transaction, your bank information will be updated, and you can start receiving your payouts to your new account. Conclusion: In conclusion, changing your bank information in Shopify is a straightforward process that shouldn’t take up too much of your time

However, it’s crucial to ensure that you have entered the correct information to avoid any delays in receiving your funds. If you ever encounter any issues during this process, don’t hesitate to reach out to Shopify’s customer support for assistance

Keeping your bank information up to date is vital for the smooth operation of your online store, and now with these simple steps, you can easily make any necessary changes in no time.

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