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How Do I Change My GI Bill Direct Deposit Information?

Q: I recently had issues with my bank, and have switched to another one. However, I still need to change my direct deposit for my Post 9/11 GI Bill funds. I know you can do it through WAVE with your MGIB, however I don’t have that option in this program. Who do I have to get a hold of to get the account changed in the New GI Bill?

A: All you have to do to change your Post 9/11 GI Bill direct deposit information is submit a new VA Form 22-1990 and include your new deposit information in Block 7. Put a remark in Part IX saying you are switching banks and Block 7 has the new EFT information.

I hope you did not close out your old bank account yet. If you get a deposit from the VA to your old bank account, and it is no longer open, your deposit will get returned to the VA. Then it can be a real hassle trying to get that payment resent out to your new bank account.

A better plan is to leave your old account open, make the Direct Deposit change of information on VA Form 22-1990, and then close your old bank account after you start receiving deposits in your new account. When you fill out your VA Form 22-1990, be really sure you put in the correct routing and account numbers. If either is wrong, the EFT process won’t be able to find your account to deposit your money.

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