Vendor bank change checklist

A vendor asked you to change where you send payment. Check each step before the next payment goes out. Nothing leaves your device.

Why this matters

Business email compromise, where a fake or hacked vendor email redirects payments, was among the costliest crimes reported to the FBI, with about $2.8 billion in reported losses in 2024 (FBI IC3 annual report). The single most effective step is a callback on a number you already had.

Informational only; not legal or accounting advice.