diff --git a/src/components/KYCWall/BaseKYCWall.tsx b/src/components/KYCWall/BaseKYCWall.tsx
index 818b4aff6b00..fd681546c470 100644
--- a/src/components/KYCWall/BaseKYCWall.tsx
+++ b/src/components/KYCWall/BaseKYCWall.tsx
@@ -127,7 +127,10 @@ function KYCWall({
                 Navigation.navigate(addDebitCardRoute);
             } else if (paymentMethod === CONST.PAYMENT_METHODS.BUSINESS_BANK_ACCOUNT) {
                 if (iouReport && ReportUtils.isIOUReport(iouReport)) {
-                    const policyID = Policy.createWorkspaceFromIOUPayment(iouReport);
+                    const {policyID, workspaceChatReportID, reportPreviewReportActionID} = Policy.createWorkspaceFromIOUPayment(iouReport) ?? {};
+                    if (workspaceChatReportID) {
+                        Navigation.navigate(ROUTES.REPORT_WITH_ID.getRoute(workspaceChatReportID, reportPreviewReportActionID));
+                    }
 
                     // Navigate to the bank account set up flow for this specific policy
                     Navigation.navigate(ROUTES.BANK_ACCOUNT_WITH_STEP_TO_OPEN.getRoute('', policyID));
diff --git a/src/libs/actions/Policy/Policy.ts b/src/libs/actions/Policy/Policy.ts
index 1bce525e22bf..49f6d8d03a73 100644
--- a/src/libs/actions/Policy/Policy.ts
+++ b/src/libs/actions/Policy/Policy.ts
@@ -107,6 +107,12 @@ type NewCustomUnit = {
     rates: Rate;
 };
 
+type WorkspaceFromIOUCreationData = {
+    policyID: string;
+    workspaceChatReportID: string;
+    reportPreviewReportActionID?: string;
+};
+
 const allPolicies: OnyxCollection<Policy> = {};
 Onyx.connect({
     key: ONYXKEYS.COLLECTION.POLICY,
@@ -2066,7 +2072,7 @@ function dismissAddedWithPrimaryLoginMessages(policyID: string) {
  *
  * @returns policyID of the workspace we have created
  */
-function createWorkspaceFromIOUPayment(iouReport: OnyxEntry<Report>): string | undefined {
+function createWorkspaceFromIOUPayment(iouReport: OnyxEntry<Report>): WorkspaceFromIOUCreationData | undefined {
     // This flow only works for IOU reports
     if (!ReportUtils.isIOUReportUsingReport(iouReport)) {
         return;
@@ -2499,7 +2505,7 @@ function createWorkspaceFromIOUPayment(iouReport: OnyxEntry<Report>): string | u
 
     API.write(WRITE_COMMANDS.CREATE_WORKSPACE_FROM_IOU_PAYMENT, params, {optimisticData, successData, failureData});
 
-    return policyID;
+    return {policyID, workspaceChatReportID: memberData.workspaceChatReportID, reportPreviewReportActionID: reportPreview?.reportActionID};
 }
 
 function enablePolicyConnections(policyID: string, enabled: boolean) {