And the release date is...
Update: The Pokémon Bank update is now available to download from the eShop.
Original Story: There’s not long left until the end of January and the promised release date of the updated Pokémon Bank application. The update will add support for Pokémon Sun and Moon but also support for transferring your Pokémon from the Pokémon Red, Blue and Yellow Virtual Console releases.
Pokémon transferred from the Virtual Console releases will have at least 3 max IVs, a random nature and there’s also a chance they could have their Hidden Ability. All transferred Pokemon will also carry a mark saying they’re from the GameBoy.
The new update also changes how Pokemon are added to your National Pokedex. You no longer need to upload Pokemon to the Bank to have them included. The game will scan your games too see which one you have captured and which ones you have seen. This will work across the six games the Bank supports.
The real question though when are we getting the update, there’s not many days left in January.
Source: Serebii
I'm not calling it the other thing.
Different ways for however you're set up.