What happens if I update my banking information while expecting a payout?

Posted on 2023-04-21 Updated on 2023-05-25

Updating your bank account? No problem! Keep in mind, however, that if your payout is already in transit, it will be directed to your prior bank account instead of your new one.

If the bank account your payout was sent to is closed, the funds will be automatically returned to RapidCents and paid out to your new account. This will only occur once the funds have been successfully returned to RapidCents. To ensure your payout is sent to the correct account, please update your bank details before the payout is in transit. As it can take up to 5 business days for the funds to be returned to RapidCents, we recommend getting in touch with us after this time if the payout has not been received.

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