Introduction
Welcome to our guide on how to change your bank account on PayPal.
PayPal is a widely used online payment platform that allows users to securely transfer money and make transactions.
Ensuring that yourPayPal accountis linked to your current and correct bank account is crucial for smooth and hassle-free transactions.
Open your preferred web web client and visitwww.paypal.com.
tap on the sign in button located at the top right corner of the page.
Then, punch the Next button.
On the next page, input your password and press the get in button.
Double-check the email address or mobile number before proceeding to the next step.
Lets move on to the next step to continue with the process.
To pull up the Wallet section, look for the menu options located at the top of the page.
Depending on the version of PayPal you are using, the menu options may be different.
go for the Wallet option to proceed.
This will redirect you to a page where you’re free to manage and view your payment methods.
This will usually take you directly to the Wallet section.
This is where you will be able to add, remove, or revamp your bank account information.
Look for the option that says Link a bank account or something similar.
In most cases, you will find this option under the section that lists your linked payment methods.
It may be in the form of a button or a link.
press it to proceed.
PayPal may ask you to verify your identity at this point to ensure the security of your account.
This is a standard security measure that helps protect your financial information and prevent fraudulent activities.
Refer to Step 7 in this guide for instructions on how to remove the old bank account.
This list is generated based on your location and the availability of banks in your area.
Take a moment to carefully browse through the list and locate your bank.
The list may be organized alphabetically, making it easier to find your bank.
you’re free to also utilize the search function if you have a specific bank in mind.
If you are unable to find your bank in the list, dont worry.
PayPal allows you to manually input your bank account information even if your specific bank is not listed.
when you’ve got located your bank, press it to select it as your preferred bank.
Lets move on to the next step to slide in your bank account details.
PayPal requires this information to securely link your bank account to your PayPal account.
The required bank account details may vary depending on your country and banking system.
However, the most common details requested are:
Carefully enter each piece of information in the respective fields.
If these details are necessary, provide them accordingly.
when you obtain entered all the required bank account details, review the information to ensure its accuracy.
Double-check that you have entered the correct account holders name, account number, and bank details.
You have successfully entered your bank account details on PayPal.
In the next step, we will guide you through confirming and verifying your bank account.
This is a necessary step to ensure the security and validity of your bank account.
This email will also contain instructions on how to locate and retrieve the unique code attached to the deposit.
Access your bank account statement or online banking platform and locate the transaction made by PayPal.
Note the unique code and return to your PayPal account to input the code for verification.
If PayPal requires manual verification, follow the instructions provided on the verification page.
This may involve uploading bank statements or providing other necessary documents to prove your ownership of the bank account.
when you’ve got successfully confirmed your bank account, PayPal will notify you of the successful verification.
You are now ready to use your updated bank account for transactions and transfers through PayPal.
Verify your bank account is especially important if you plan to use PayPal for high-value transactions and withdrawals.
Congratulations on successfully changing and updating your bank account on PayPal!
Choose your bank from the provided list or manually slide in your bank account details.
Verify your bank account, if desired, to enjoy the additional benefits that come with a verified account.
Finally, verifying your bank account adds another layer of security and trust to your PayPal transactions.
Remember to keep an eye on your PayPal account for any notifications or instructions throughout the process.
if you stumble on any difficulties or have questions, reach out to PayPal customer support for assistance.
