Changed Bank Account - old account won't be used while waiting for verification?

[UnaOdd]

I just changed my bank account information. While I am in the 10 day waiting to be verified etc... phase, Etsy won't send Direct Checkout CC payments to my old account will they?

I want to close out that account completely today. I switched banks due to endless fees.

[Former_Member]

Hi Lynn!

Thank you for posting to the Team! I want to assure you that funds are only sent to bank accounts that have been verified. As such, you will not receive funds to your old account. In fact, no funds will be transfered from your Shop Payment Account until you verify your new information with the two small deposits we will be sending to you.

[UnaOdd]

Thank you Evelyn!

[Former_Member]

I had the same question as I am switching as well. Glad you posted! Thanks :)