Why are my bank accounts archived?
Safepay has changed the requirements for accounts into which merchants can make withdrawals.
Previously, merchants would have been able to add up to 4 separate bank accounts in to which they would be able to transfer their balance held with Safepay. As part of our back-end migration and improving our systems, this has now changed. As a result, the previous bank accounts saved on our system will show up as archived - and unable to receive transfers from Safepay.
Merchants can now only add 1 bank account in to which they can make withdrawals. In short, you require a valid bank account maintenance certificate confirming the particulars of the account in which Safepay will make settle payments on your behalf.
Read this article to learn our requirements for bank accounts and the type of bank account maintenance certificate that we require.