If you have a PayPal account, you can link your bank account to it to easily transfer funds. The process is the same whether you have a personal or business account. Here are the steps to add a bank account to your PayPal:
Business Account:
1. Go to your account settings, then go to the “Money, Banks, and Cards” section.
2. Click on “Link a new bank account” by selecting the plus button.
3. Enter your 18 digit account number or bottom check details and account name.
4. Once you link and confirm your bank, you can transfer funds to it.
For those in the US, you can click on “Link a US bank” instead, and enter your account and routing numbers.
Personal Account:
1. Log in to your PayPal account and go to your wallet section.
2. Click on “Link a bank account” or “Link a card”.
3. Enter your account details and your legal name.
4. Choose whether you want to enable automatic transfers and link your bank.
After linking your card or bank account, PayPal will charge you less than a dollar to verify your account. You will receive this amount back in your account after the verification has been successfully done.
Linking your bank account to PayPal makes it easy to transfer funds and manage your finances. Try it out today!