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Hi, can I switch my bank account?
Posted: Thu Feb 04, 2021 7:02 am
by basilio
Hi, can I switch my bank account(currently pay the IVA money) to another bank? Or I need to let the IVA people know before I switch?
Re: <t>Hi, can I switch my bank account?</t>
Posted: Thu Feb 04, 2021 8:36 am
by Foggy
You can switch banks, but only if the new banks accepts you as a customer with the IVA ( they will check). As long as the IVA payment is paid correctly and on time your IP need not know ahead of the move, but, of course, will become aware when you send them your statements for review.
Re: <t>Hi, can I switch my bank account?</t>
Posted: Thu Feb 04, 2021 9:45 am
by basilio
But switching bank account can cause the fail of the iva? What happened when they do a review the see new bank account? I'm.on iva fro 28 months ago never been asked for bank statements as I'm sending pay slips every month.
Regards
Re: <t>Hi, can I switch my bank account?</t>
Posted: Thu Feb 04, 2021 9:47 am
by basilio
And what about if they decide to see a statement of my currently bank account once is switched over?
Re: <t>Hi, can I switch my bank account?</t>
Posted: Thu Feb 04, 2021 9:50 am
by kallis3
It won't matter. You can always get a copy of your last statement from your old bank.