How to Change Bank Account on PiggyVest

Change your PiggyVest withdrawal Account allow you to make payment to a new Bank Account.

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PiggyVest Account Balance

How can I Change my Bank Account On PiggyVest?

Hi! In this article, I'm going to walk you through how you can change your PiggyVest Bank Account. Although PiggyVest provides account number for it users but that's not the account I'm talking about.

Precisely, PiggyVest withdrawal bank account will be treated in this article. So how to change your PiggyVest withdrawal bank account is explained below. However, before diving into that, what are the reasons people change their withdrawal bank account?

There are many reasons regarding this, however some of them will be mention. Firstly, a PiggyVest user can make a mistake when adding bank account to his/her PiggyVest Account, which may cause not loading up account details properly or sending money to wrong account. When this happens, the best option is to change the bank account immediately.

Another reason PiggyVest user updates bank account may include having problems with bank account. The user may have some issues with his/her local bank, it might be upgrading issues or freezing of account or misplaced atm card that can leads to inability to withdraw money sent to account. So users may decide to change bank account on PiggyVest to another bank account.

Like I said earlier, there are many reasons regarding this matter, however, don't hesitate to share your reasons for changing your bank account on PiggyVest Account in the comments section of this article.

Fortunately, thanks to PiggyVest that understand how essential accessing your saved money is to you, the fintech company has provides a seamless method to change your withdrawal bank account on your PiggyVest Account.

However, there are terms and conditions that regards updating your PiggyVest withdrawal Account, so as to prevent fraudulent activity. See below the terms and conditions that might restricts you from updating your bank account on PiggyVest.

PiggyVest Withdrawal Account Terms of Use

First of all, PiggyVest doesn't accept all local banks in Nigeria. Here are bank needed by PiggyVest;  EcoBank, FCMB, Access Bank, Fidelity, First, GTBank, Jaiz, Keystone, Providus, Heritage bank, Skye Bank, Stanbic IBTC, Standard Chartered Bank, Sterling Bank, UBA, Unity Bank, Wema Bank, Zenith Bank and Union Bank. Neobanks and Online bank (such as Kuda Bank and Chipper Cash) are not allowed at the moment.

After updating your bank account on PiggyVest, you will need to wait for up to three (3) hours for checking and updating before you could receive funds into the bank account.

Your updated bank account must bear the same name and also share the same bank verification number (bvn) with the ones on your PiggyVest Account, or else you account submission will be declined or payment won't be processed.

After you've check your profile and the bank account you want to update, and you've confirmed every details match and no restrictions, you can proceed to change your bank account on PiggyVest. See below on how to do that.

How to Change Bank Account on PiggyVest Account

Follow the below step by step instructions to successfully change your bank account on PiggyVest.

  • Firstly, Login to your PiggyVest Account Dashboard
  • Tap account at the bottom of your dashboard, on the next page,
  • Scroll down and click on my card and banking settings.
  • Then click on withdrawal settings.
  • A page will pop up, click on update bank on the pop-up.
  • Enter your bank account details; your new account number and bank name.
  • Click on verify to complete the settings.

Note, you will need to wait for at least three (3) hours before the account is updated completely. Hope you find this article helpful? And don't hesitate to share this article anywhere in the world.


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