How do I process a change of bank details?

As part of the employee's journey with you, they will most likely change their bank details at some point in time. Wagestream supports this seamlessly.

Whether this is done via a self-service payroll system or by emailing payroll directly, Wagestream simply updates the bank details and then sends back the Wagestream account to you for updating in your payroll platform.

In the below example Bugs Bunny is changing their bank account details.

🏦 Current Bank Details

  • Sort Code: 04-00-58
  • Account Number: 12345678
  • This is a Wagestream bank account
  • 🏦 New Bank Details

  • Sort Code: 04-00-04
  • Account Number: 81723882
  • Bugs Bunny has changed from Lloyd's to Monzo
  • In the below illustration you can see how the change of bank account details works when you are integrated with Wagestream.

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