Introduction
Workday is a popular cloud-based platform that provides various HR and financial management solutions for businesses. If you’re an employee or an HR professional using Workday, you may need to update your bank account information at some point. In this article, we will guide you through the process of changing your bank account on Workday.
Step 1: Log in to Workday
The first step is to log in to your Workday account using your username and password. Once logged in, you will be directed to your Workday homepage.
Step 2: Access Personal Information
On your Workday homepage, locate the “Personal Information” section. It is usually displayed prominently, but if you can’t find it, you can use the search bar at the top of the page to search for “Personal Information.”
Step 3: Click on “Personal Information”
Click on the “Personal Information” link or tab to access your personal details and settings.
Step 4: Select “Payment Elections”
Within the “Personal Information” section, you will find various options. Look for “Payment Elections” or a similar option related to your bank account settings and click on it.
Step 5: Locate Current Bank Account
In the “Payment Elections” section, you will see your current bank account information listed. Take note of these details as you will need them for reference.
Step 6: Add New Bank Account
Click on the option to add a new bank account. You will be prompted to enter the required information, such as bank name, account number, and routing number. Make sure to double-check the accuracy of the information before proceeding.
Step 7: Verify Bank Account
Workday may require you to verify your new bank account to ensure its validity. This verification process may vary depending on your organization’s settings and security measures. Follow the instructions provided by Workday to complete the verification successfully.
Step 8: Set as Primary Bank Account
After verifying your new bank account, you can set it as your primary account by selecting the appropriate option. This will ensure that future payments and transactions are directed to the new bank account.
Step 9: Review and Confirm Changes
Before finalizing the changes, carefully review all the information you have entered. Ensure that both your current and new bank account details are accurate. Once you are confident that everything is correct, proceed to confirm the changes.
Step 10: Save and Exit
After confirming the changes, click on the “Save” or “Save and Exit” button to apply the updates to your Workday account. Your bank account information will now be changed in the system.
Conclusion
Changing your bank account on Workday is a straightforward process that can be completed within a few simple steps. By following the instructions provided in this article, you can easily update your bank account information and ensure smooth and accurate payment processing within the Workday platform.