How to Change Your Bank Account Number in PayPal

If you need to update your bank account number in PayPal, follow these detailed steps. Properly updating your bank account can help you avoid any delays or issues with your financial transactions. This guide will walk you through the process of removing the old bank account and adding a new one.

Steps to Change Your Bank Account Number in PayPal

Step 1: Log In to Your PayPal Account

To begin, visit the PayPal website or open the PayPal app. Enter your credentials to log in to your account.

Step 2: Access Your Wallet

Once logged in, navigate to the Wallet section. This is typically where you can view and manage all of your linked accounts and payment tools.

Step 3: Remove the Old Bank Account

To remove the old bank account, you will need to locate the specific account you want to change. Once found, click on it to open the account detail page. From there, look for an option to remove or unlink the bank account. Confirm the action to remove the old bank account.

Step 4: Add a New Bank Account

After removing the old account, you can add the new bank account. Navigate to the 'Add a card' or 'Link a new card' section. If you are using the mobile app, this can often be found under the 'Add/Remove Cards' option. Link your new bank account by providing the necessary information such as the account number,.splitext lineno 10

Step 5: Confirmation and Check

Once the new bank account has been added, confirm that it appears in your Wallet. If you want your new bank account to be the default payment method, ensure that it is set as your primary funding source. Regularly check your account for any changes or updates to ensure that all transactions are processed smoothly.

Tip: Pending Transactions

Before removing an old bank account, make sure there are no pending transactions associated with it. Removing an account with pending transactions can lead to issues with those payments. Always manage your accounts with care to avoid any financial mishaps.

Additional Information: Linking New Cards in PayPal

In addition to changing your bank account, you can also manage your debit or credit cards through your PayPal account. Log into your PayPal account and from the drop-down menu options at the top of your My Dashboard page, select 'Pay Get Paid' or 'Banks Cards'. Here, you can link, update, or remove one or more of your debit or credit cards.

Frequently Asked Questions (FAQ)

To update your bank account in PayPal, log in to your account, go to the Wallet section, find the old bank account, remove it, and then add a new one.

Yes, you can make payments using your old bank account until the new one is set as your primary funding source and the old one is removed. Ensure that there are no pending transactions on the old account to avoid any complications.

The process can take a few minutes to complete, but it may vary. PayPal typically verifies the new bank account within a few business days. Ensure all details are correct to speed up the verification process.

By following these steps, you can ensure a smooth and hassle-free process of changing your bank account in PayPal. Always keep an eye on your account activity and familiarize yourself with PayPal's terms and conditions to avoid any unexpected issues.