If you’re a PayPal user, there are a few things you can do to change your bank account on the platform. First, open the PayPal app and select “Accounts.” From here, you can select which bank account to use. If you have an American Express card, for example, then select “American Express.” If you have a Mastercard or Visa card, then select “Other.” Finally, enter in your new bank account information and hit “Submit.” You’ll be asked to confirm your changes before they take effect.
You can link as many bank accounts to your PayPal account as you like. Each bank account may be linked to only one PayPal account at a time.
Because there is a pending transaction on this bank account, you can’t remove it. This operation may take up to 6-8 days to finish, at which time you’ll be able to delete the bank account.
To protect ourselves and our users from fraud, we moved to the new authorization process. PayPal takes precautions such as this one in order to avoid fraudulent transactions like those described above. The PayPal account owner’s name must match the financial instruments added to the PayPal account for these measures to work. To withdraw money from her bank and receive cash, you’d need to.
Go to PayPal.com and log in with your email address and password. When the sub-menu opens, click the “My Account” tab. Select “Add or Edit Bank Account” from the drop-down menu.
Click Account Settings, then click on the Account Type drop-down menu. There is a section for Account Type at the top of the Account Settings page. To the right of the account Type, there is a Close Account button, next to which there is a link to cancel your PayPal account.
