Payment Method Preferences does not seem to work on employee self service expenses

Summary:

Wanted to limit the organizational payment methods an employee can select during an add; but drop down for bank is still showing all choices.

Am I misunderstanding its use? Is there a feature to be enabled or profile value to be updated?

Content (required):

Navigation: ME | Expenses | Manage Bank Accounts

Only want selection to be choices related to Payroll Direct Deposit.

Version (include the version you are using, if applicable):

23A

Code Snippet (add any code snippets that support your topic, if applicable):