diff --git a/src/languages/en.js b/src/languages/en.js
index 008c81006115..01ac64feee79 100755
--- a/src/languages/en.js
+++ b/src/languages/en.js
@@ -392,7 +392,6 @@ export default {
         setDefaultSuccess: 'Default payment method set!',
         deleteAccount: 'Delete Account',
         deleteConfirmation: 'Are you sure that you want to delete this account?',
-        deleteBankAccountSuccess: 'Bank account successfully deleted',
         deletePayPalSuccess: 'PayPal.me successfully deleted',
         error: {
             notOwnerOfBankAccount: 'There was an error setting this bank account as your default payment method.',
diff --git a/src/languages/es.js b/src/languages/es.js
index 778127f86485..64a045854051 100644
--- a/src/languages/es.js
+++ b/src/languages/es.js
@@ -392,7 +392,6 @@ export default {
         setDefaultSuccess: 'Método de pago configurado',
         deleteAccount: 'Eliminar cuenta',
         deleteConfirmation: '¿Estás seguro de que quieres eliminar esta cuenta?',
-        deleteBankAccountSuccess: 'Cuenta bancaria eliminada correctamente',
         deletePayPalSuccess: 'PayPal.me eliminada correctamente',
         error: {
             notOwnerOfBankAccount: 'Ha ocurrido un error al establecer esta cuenta bancaria como tu método de pago predeterminado.',
diff --git a/src/libs/actions/BankAccounts.js b/src/libs/actions/BankAccounts.js
index 8fb86b3c25dd..26966eb7f730 100644
--- a/src/libs/actions/BankAccounts.js
+++ b/src/libs/actions/BankAccounts.js
@@ -1,13 +1,8 @@
-import lodashGet from 'lodash/get';
 import Onyx from 'react-native-onyx';
 import CONST from '../../CONST';
-import * as DeprecatedAPI from '../deprecatedAPI';
 import * as API from '../API';
-import * as ReimbursementAccount from './ReimbursementAccount';
 import ONYXKEYS from '../../ONYXKEYS';
-import Growl from '../Growl';
 import * as Localize from '../Localize';
-import * as store from './ReimbursementAccount/store';
 
 export {
     setupWithdrawalAccount,
@@ -104,36 +99,23 @@ function addPersonalBankAccount(account, password) {
     API.write(commandName, parameters, onyxData);
 }
 
-/**
- * Deletes a bank account
- *
- * @param {Number} bankAccountID
- */
-function deleteBankAccount(bankAccountID) {
-    const reimbursementBankAccountId = lodashGet(store.getReimbursementAccountInSetup(), 'bankAccountID');
-
-    // Early return as DeleteBankAccount API is called inside `resetFreePlanBankAccount`
-    if (reimbursementBankAccountId === bankAccountID) {
-        ReimbursementAccount.resetFreePlanBankAccount();
-        return;
-    }
-    DeprecatedAPI.DeleteBankAccount({
+function deletePaymentBankAccount(bankAccountID) {
+    API.write('DeletePaymentBankAccount', {
         bankAccountID,
-    }).then((response) => {
-        if (response.jsonCode === 200) {
-            ReimbursementAccount.deleteFromBankAccountList(bankAccountID);
-            Growl.show(Localize.translateLocal('paymentsPage.deleteBankAccountSuccess'), CONST.GROWL.SUCCESS, 3000);
-        } else {
-            Growl.show(Localize.translateLocal('common.genericErrorMessage'), CONST.GROWL.ERROR, 3000);
-        }
-    }).catch(() => {
-        Growl.show(Localize.translateLocal('common.genericErrorMessage'), CONST.GROWL.ERROR, 3000);
+    }, {
+        optimisticData: [
+            {
+                onyxMethod: CONST.ONYX.METHOD.MERGE,
+                key: `${ONYXKEYS.BANK_ACCOUNT_LIST}`,
+                value: {[bankAccountID]: {pendingAction: CONST.RED_BRICK_ROAD_PENDING_ACTION.DELETE}},
+            },
+        ],
     });
 }
 
 export {
     addPersonalBankAccount,
-    deleteBankAccount,
+    deletePaymentBankAccount,
     clearPersonalBankAccount,
     clearPlaid,
 };
diff --git a/src/libs/deprecatedAPI.js b/src/libs/deprecatedAPI.js
index eff8088a6744..de9a7e2c0b61 100644
--- a/src/libs/deprecatedAPI.js
+++ b/src/libs/deprecatedAPI.js
@@ -483,18 +483,6 @@ function BankAccount_SetupWithdrawal(parameters) {
     );
 }
 
-/**
- * @param {Object} parameters
- * @param {Number} parameters.bankAccountID
- * @param {String} parameters.ownerEmail
- * @returns {Promise}
- */
-function DeleteBankAccount(parameters) {
-    const commandName = 'DeleteBankAccount';
-    requireParameters(['bankAccountID'], parameters, commandName);
-    return Network.post(commandName, parameters);
-}
-
 /**
  * @param {Object} parameters
  * @param {Number} [parameters.latitude]
@@ -670,7 +658,6 @@ export {
     CreatePolicyRoom,
     RenameReport,
     DeleteLogin,
-    DeleteBankAccount,
     Get,
     GetStatementPDF,
     GetIOUReport,
diff --git a/src/pages/settings/Payments/PaymentsPage/BasePaymentsPage.js b/src/pages/settings/Payments/PaymentsPage/BasePaymentsPage.js
index d127abbfa705..1d0dadc698de 100644
--- a/src/pages/settings/Payments/PaymentsPage/BasePaymentsPage.js
+++ b/src/pages/settings/Payments/PaymentsPage/BasePaymentsPage.js
@@ -246,7 +246,7 @@ class BasePaymentsPage extends React.Component {
         if (this.state.selectedPaymentMethodType === CONST.PAYMENT_METHODS.PAYPAL) {
             PaymentMethods.deletePayPalMe();
         } else if (this.state.selectedPaymentMethodType === CONST.PAYMENT_METHODS.BANK_ACCOUNT) {
-            BankAccounts.deleteBankAccount(this.state.selectedPaymentMethod.bankAccountID);
+            BankAccounts.deletePaymentBankAccount(this.state.selectedPaymentMethod.bankAccountID);
         } else if (this.state.selectedPaymentMethodType === CONST.PAYMENT_METHODS.DEBIT_CARD) {
             PaymentMethods.deletePaymentCard(this.state.selectedPaymentMethod.fundID);
         }