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Issue 39ENGLISHAustralian Pension News Bank account updates Tell us if your bank account number or International Bank Account Number (IBAN) changes. This will help us deliver your payments to you.
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How to fill out bank account updates

01
Login to your online banking account.
02
Navigate to the account settings or profile section.
03
Look for the option to update your bank account details.
04
Fill out the necessary fields with the updated information.
05
Double-check the accuracy of the entered details.
06
Save or submit the changes to update your bank account.

Who needs bank account updates?

01
Bank account updates are required by individuals or businesses who have changed their personal or company information related to their bank accounts.
02
This may include changes in name, address, contact details, or any other relevant information that needs to be updated in the bank's records.
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Bank account updates refer to the process of providing current and accurate information regarding a bank account to the relevant financial institution or regulatory authority.
Individuals or entities who hold bank accounts and are subject to reporting requirements must file bank account updates.
Bank account updates can typically be filled out through online banking portals, banking apps, or by visiting a branch of the financial institution.
The purpose of bank account updates is to ensure that financial institutions have the most up-to-date information on file for their customers, enabling them to comply with regulatory requirements and provide better service.
Bank account updates may require reporting of personal information, account details, contact information, and any changes to the account status.
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