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How to Edit Bank Account Information on Shopify

Last updated: August 01, 2024

Written and researched by experts at AvadaLearn more about our methodology

CEO Avada Commerce

With a large number of useful, customizable integrated functions, Shopify Payments is a very effective and user-friendly tool to accept online payments many online store owners rely on.

Upon setting up Shopify Payments, you are required to provide your bank account information. This account will be set as default for any future transactions.

However, in case you wish to switch to another bank, or there are any changes in your bank account information, you could always edit your submitted bank account information with just a few mouse clicks in the Shopify homepage.

In this article, you would find detailed instructions with illustration on how to edit bank account information for Shopify Payments.

How to Edit Bank Account Information for Shopify Payments

Below is the step by step guide on how to change your bank account information on Shopify:

Step 1: Go to Payment providers from Shopify Admin

First, log in your Shopify account, go to the Settings section in your bottom left corner and select Payment providers.

edit bank account info 1

Step 2: Click Edit under Shopify Payments

As Shopify Payments has been enabled as a Payment provider, click the Edit button in this section.

Step 3: Click Edit under Bank account

In the Bank account section as shown below, click the edit button:

edit bank account info 2

Step 4: Edit your bank account information

Edit your existed bank account information with the new one.

Note: If your account is from a Japanese bank, remember to enter the required information in Kanji (full width) characters.

Step 5: Save your bank account information

Click Save and your bank account information has been updated.

Caution: Payouts from Shopify Payments could not be received with bank account credentials from prepaid bank cards.

To edit bank account information for Shopify Payments on iPhone (Click here)

Step 1: Visit Settings in Store After logging in your Shopify account, go to the Store symbol in the bottom right corner and select Settings.
Step 2: Tap Payments in Store Settings Next, in the Store settings section, a list of settings available to customize your store will be shown. Tap Payments.
Step 3: Tap Edit in Shopify Payments Next, under the Shopify Payments section, tap Edit
Step 4: Tap Edit in Bank account In the Bank account section, continue tapping edit
Step 5: Enter the required information Fil in the required information that you wish to update. Note: If your account is from a Japanese bank, remember that only full-width Kanji characters are accepted.
Step 6: Save your change Click Save to confirm the change in your bank account information.

To edit bank account information for Shopify Payments on Android (Click here)

Step 1: Visit Settings in Store After logging in your Shopify account, go to the Store symbol in the bottom right corner and select Settings.
Step 2: Tap Payments in Store Settings Next, in the Store settings section, a list of settings available to customize your store will be shown. Tap Payments.
Step 3: Tap Edit in Shopify Payments Next, under the Shopify Payments section, tap Edit
Step 4: Tap Edit in Bank account In the Bank account section, continue tapping edit
Step 5: Enter the required information Fil in the required information that you wish to update. Note: If your account is from a Japanese bank, remember that only full-width Kanji characters are accepted.
Step 6: Save your change Click Save to confirm the change in your bank account information. Caution: It is not possible to use prepaid bank cards as bank account credentials to receive payouts from Shopify Payments.

Conclusions

The above article provides basic instructions on how to edit bank account information for Shopify Payments on Desktop, iPhone, and Android. I hope it helps in making the most out of your experience with managing your online store through Shopify Payments.

For similar instructions, please visit our Help Center.

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Sam Nguyen

Sam Nguyen is the CEO and founder of Avada Commerce, an e-commerce solution provider headquartered in Singapore. He is an expert on the Shopify e-commerce platform for online stores and retail point-of-sale systems. Sam loves talking about e-commerce and he aims to help over a million online businesses grow and thrive.