Most people think it's complicated to link their PayPal account to a bank account. However, it's quite easy to link both of these accounts. Check how you can do it with the PayPal mobile app!
Linking your PayPal and your bank accounts can help you to freely use your online money without any kind of obstacles. Besides, you can link the app either to your checking or savings account.
Follow these steps and learn how to link your accounts via the PayPal app!
Link your accounts with your PayPal mobile app
The mobile app has a few differences from the online version. Both versions will allow you to easily link your bank account to your PayPal account and receive and send money online. Nevertheless, if you link the accounts through the mobile version, you will have to wait between two and three business days until the bank account is verified.
So, to link the accounts you'll need to download the app and sign in. Once you've done this, tap on the Settings menu and select the "Banks and Cards" option. In this screen, you will be able to add and remove your cards and bank accounts.
If you tap on the "Bank Account" option you will be able to link your bank and choose between "Checking" or "Savings" account. Then, you will be asked to fill in with your bank account information, like the routing number and the account number.
Once your account is linked, you will see that -within two or three days- PayPal will make two small deposits in your bank account to verify if the information was correct. Don't worry about those deposits! PayPal will remove them once the account-linking is complete.
You will now need to enter the deposit amounts to the PayPal app, so go back to the app and tap the "Cards and Banks" option, select your bank account and tap "status" to enter the deposit amounts. Once you submit it, you are ready to send and receive money online!