How to change my withdrawal bank account on Piggyvest?

Read all about how to change my bank account on Piggyvest.

Piggyvest is a savings and investment platform that was launched in 2016 by the trio of Odunayo Eweniyi, Somto Ifezue and Joshua Chibueze, who at Covenant University and worked on many projects together.

Initially launched in 2016 as piggybank, which was a savings only platform, it rebranded to Piggyvest in 2019, which as well as helping customers save money, also helps them make money.

When you register on Piggyvest, you will need to add your bank account details, so you can withdraw to it, once your savings reaches maturity.

However, it is possible that you might want to change the initial bank account details that you used to a different one.

Piggyvest has made it very easy for you to change your withdrawal bank at any time in just a few easy steps.

In this post, I am going to be writing about how to change my bank account on Piggyvest and more. Remember to leave us a comment after you finish reading and also share with your friends on social media.

Let’s get into it then…

Read my post on how to break safelock on Piggyvest

How to change bank account on Piggyvest?

If you want to change your bank account on Piggyvest, then you need to follow the below instructions:

1. Login to your piggyvest account
2. On the bottom MENU, tap on Account
3. In the next window, tap on “My card & bank settings”
4. Tap on “Update bank”
5. Enter your new account number and select a bank
6. Tap on Verify account and confirm

Once you follow the above steps, you can easily change your bank account on Piggyvest.

About Piggyvest?

Piggyvest is a savings and investment platform that was launched in 2016 by the trio of Odunayo Eweniyi, Somto Ifezue and Joshua Chibueze, who at Covenant University and worked on many projects together.

Initially launched in 2016 as piggybank, which was a savings only platform, it rebranded to Piggyvest in 2019, which as well as helping customers save money, also helps them make money.

Piggyvest has put in place this sort of system, that enables users to easily put money in, but make it otherwise difficult to withdraw money before the withdrawal date set by you.

Apart from just saving, Piggyvest also allows you to earn some interest on your savings, as well as invest on the platform and making passive income.

Some people might ask, “What is the difference between piggyvest and a normal bank?”. The difference is that piggyvest locks your fund and doesn’t allow you to withdraw it, until the date that you set.

This makes it easier for people to save, especially since withdrawing your money before set date will attract a 5% penalty fee on Piggyvest.

Conclusion

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