diff --git a/account_payment_mode/__init__.py b/account_payment_mode/__init__.py
index 548c73eb1a1..0650744f6bc 100644
--- a/account_payment_mode/__init__.py
+++ b/account_payment_mode/__init__.py
@@ -1,2 +1 @@
-from .hooks import pre_init_hook
 from . import models
diff --git a/account_payment_mode/hooks.py b/account_payment_mode/hooks.py
deleted file mode 100644
index 217bd989614..00000000000
--- a/account_payment_mode/hooks.py
+++ /dev/null
@@ -1,34 +0,0 @@
-import logging
-
-from odoo.tools import sql
-from odoo.tools.mail import plaintext2html
-
-logger = logging.getLogger(__name__)
-
-
-def pre_init_hook(cr):
-    """Adapt note field to HTML if already exists"""
-    if sql.column_exists(cr, "account_payment_mode", "note"):
-        field_name = "note"
-        table = "account_payment_mode"
-        # Pre-clean empty values
-        cr.execute(  # pylint: disable=E8103
-            "UPDATE %(table)s SET %(field)s = NULL WHERE %(field)s = ''"
-            % {
-                "field": field_name,
-                "table": table,
-            }
-        )
-        cr.execute(  # pylint: disable=E8103
-            "SELECT id, %(field)s FROM %(table)s WHERE %(field)s IS NOT NULL"
-            % {
-                "field": field_name,
-                "table": table,
-            }
-        )
-        for row in cr.fetchall():
-            query = "UPDATE %(table)s SET %(field)s = %%s WHERE id = %%s" % {
-                "field": field_name,
-                "table": table,
-            }
-            cr.execute(query, (plaintext2html(row[1]), row[0]))