# Update existing bank account information

Only those with Admin or Owner permissions can add, edit, or delete bank account details.
Update your existing bank account details through the [**Settings**](https://dashboard.stripe.com/settings) **> Business** menu in the Stripe Dashboard.
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Bank account details can be updated directly from the [Stripe Dashboard](https://dashboard.stripe.com/settings).
1. Click the [Settings](https://dashboard.stripe.com/settings) icon and select **Business**.
1. Click [Bank accounts and currencies](https://dashboard.stripe.com/settings/payouts)
1. Click **Edit**.
1. Click to receive the verification email. You also may be required to enter the previous bank account information as a security measure.
   * To complete verification, keep the original tab open and use the same device and browser as the original tab to click the **Verify identity link** in the email.
1. Enter the updated bank account information. Ensure the account number, routing number, and name match your bank statement. Use the same name (either individual name or company name) from your bank statement.
1. Click **Edit account** to save.
## Additional Tips
* Before you can remove a bank account from a Stripe user account, you must replace it with another active bank account so that Stripe can process payouts, refunds, and disputes. For more information on Stripe’s retention practices, see [Stripe Privacy Policy](https://stripe.com/privacy#security-and-retention).
* If your bank account information is updated while a payout is already "in transit", that payout will be sent to your old bank account.
* Bank accounts and payouts FAQ