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CloudWatcher

(2,056 posts)
9. Manually linking bank account
Sat Nov 5, 2022, 11:57 PM
Nov 2022

It sounds like you might need to use the older/manual method of linking a bank account.

Approximate steps ... after logging into Paypal

1) Click on Wallet

2) then click on "Link a card or bank'

3) click on "Link a bank account"

4) type in (or find) your bank in their list

5) do NOT give them your bank web site login information, instead
click "Link your bank another way" at the bottom of the page.
And yes, this will take a few days to complete but is more robust.

6) give them the routing number and account number of your bank account, then 'agree and link'

Then they will deposit two small sums, and then withdraw them. You need to login to your
bank (or wait for your monthly statement) to see the exact amounts that paypal deposited.

Then log back into paypal and tell them exactly how much the deposits were. This proves
you have access to the account and they should complete linking your account with paypal.

Once it's linked, you can move funds between your bank and paypal, but the transfers
can take a day or two. The transfers are free unless you want a "rush" on it, in which
case Paypal takes a hit (I forget how much, I never do this).

I never let paypal keep more than a few dollars at a time. They have all the power
of a bank, with almost none of the regulations! And mail forged to appear as if it's
coming from Paypal is one of the oldest scams on the internet.

Good luck.


Recommendations

0 members have recommended this reply (displayed in chronological order):

Here is how I do it.... ProudMNDemocrat Nov 2022 #1
Thanks jmbar2 Nov 2022 #5
Manually linking bank account CloudWatcher Nov 2022 #9
Appreciate your helpful response! jmbar2 Nov 2022 #10
Could you claudette Nov 2022 #2
I'm going to do the same jmbar2 Nov 2022 #6
be careful of paypal Grasswire2 Nov 2022 #3
That explains a lot! jmbar2 Nov 2022 #4
I have had PayPal since 2006 with no problems. ProudMNDemocrat Nov 2022 #7
Here is a twitter account documenting people's complaints against PP Grasswire2 Nov 2022 #8
Wow! Eye opening. jmbar2 Nov 2022 #11
+1 dalton99a Nov 2022 #12
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