Delete Preferred Bank

The Delete Preferred Bank page enables you to delete a bank from the company's preferred bank list.

What happens when you delete a bank is different depending on whether it was originally included on the company's Standard Bank list.

  • If the bank was on the Standard Bank list and you added it as a preferred bank, then deleting the bank simply removes it from the preferred list. It will remain on the standard bank list and can be added back to the preferred list, if needed.
  • If the bank was not previously on the Standard Bank list, but had been created by entering the bank details, then the bank will be permanently deleted from the system.
Note: You cannot delete a preferred bank if it is referenced by a recipient or payment. If the transaction is modified so that it references a different bank, then the preferred bank can be deleted.