PayPal is one of the most convenient online payment systems, allowing users to send, receive, and store funds digitally quickly. Linking your bank account to PayPal further streamlines transactions by enabling quick and secure money transfers between the accounts. This guide covers the critical steps for transferring money from your bank to your PayPal wallet.

things To Do Before You Transfer Money From Bank to PayPal Account!

Before initiating bank-to-PayPal transfers, you need to link and verify your bank account within your PayPal wallet.

Confirming and Linking a Bank Account

To add a bank account to PayPal:

  • Log into your PayPal account and click on “Wallet.”
  • Under “Bank accounts,” choose “Link a bank account.”
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  • Input your account number, routing number, and other requested details
  • PayPal will verify the account by making two small deposits into it

Once added, confirm your bank account:

  • In your PayPal wallet, select the bank account
  • Click “Confirm bank account” and enter the two deposit amounts
confirm your bank account
  • PayPal verifies the deposits to authenticate your account

Accessing Your PayPal Wallet

With a confirmed bank account, navigate to the “Wallet” section in your PayPal account. Ensure your account is fully verified by providing personal identification documents when prompted by PayPal.

Also Read: How To Send Money To PayPal From A Debit Card In 6 Steps!

How to Transfer Money From Bank to PayPal Account (Easy Steps)

Step 1: Initiate the Transfer in PayPal

Log into your PayPal account online or via the mobile app. Click on “Wallet,” located at the top, to access your financial information. In the “Balance” section, find and select the “Transfer Money” option. This will open the transfer menu.

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Alternatively, you can click the balance amount on the home screen to initiate a transfer if you have the PayPal mobile app.

Step 2: Choose Transfer From Bank Account

On the transfer menu, select “Transfer from your bank account.” This allows you to route funds from your linked bank directly into PayPal.

Choose the relevant account to transfer money from if you have multiple bank accounts connected. If only one account is linked, it is automatically selected.

Step 3: Enter the Transfer Amount

Specify the money you wish to transfer from your bank account into your PayPal balance. Enter the exact transfer amount carefully.

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Transactions above $10,000 may require additional verification in some cases before the transfer can be processed.

Step 4: Select the Transfer Speed

Choose whether you want the bank transfer to be processed instantly or take the standard delivery time of 1-3 business days.

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Instant transfers typically incur a 1% fee but are completed within 30 minutes. Standard delivery is free but takes 1-3 business days.

Step 5: Schedule Future Transfers (Optional)

Interestingly, PayPal also allows you to conveniently use your bank account to schedule one-time or recurring transfers in advance for selected dates. This feature is entirely optional.

Step 6: Review and Confirm Transfer

Carefully verify all the transaction details before authorizing the transfer. For accuracy, check the source bank account, entered amount, processing speed, fees, and other information.

Step 7: Monitor Transfer Status

Once submitted, track the money transfer status directly within your PayPal account or via email/SMS notifications. Transferred money is added to the available balance per the stated processing timelines.

Troubleshooting Common Transfer Issues

If your bank transfer fails, first contact your bank to understand why it was rejected on their end. Common reasons include incorrect bank details saved in PayPal, insufficient account balance, bank verification needed, etc. You can also contact PayPal customer support for assistance on failed transactions.

If a transfer is stuck in a pending state for over three business days, contact PayPal support. They can investigate the delay or help you cancel a stuck transfer. Simultaneously, check if your bank needs additional verification for large online transfers.

For transfer reversals or cancellations between your bank and PayPal, contact your bank directly as per banking protocols. PayPal can help if issues are on their end, but they don’t manage bank reversals.

Refunds for failed inbound bank account transfers may take 5-10 working days to reflect in your PayPal balance after cancellation, depending on individual bank policies. Follow up with your bank for refund status updates.

Also Read: Where Can I Load My PayPal Card For Free? Easy Method

Tips for a Successful Transfer

  • Double check that your bank account details like account number, holder name, branch details, etc., saved within your PayPal wallet are accurate and up-to-date.
  • Before large transfers, check your bank’s specific policies, processing times, and limits imposed on online money transfers through third-party apps to avoid failures.
  • Schedule recurring transfers for convenience or enable deal alerts in the PayPal app to transfer funds only when you avail of a deal or coupon from select merchants.
  • Save your bank account as a frequent transfer beneficiary on PayPal for one-click transfers. You can also enable automatic money-in transfers when your balance is low.

These tips will help avoid common hiccups and ensure seamless bank-to-p PayPal transfers.


In summary, linking your bank account enables easy money transfers into your PayPal wallet. Log into your account, navigate to your stored bank details, specify the transfer amount and speed, review details, and complete the bank-to-PayPal transfer with no hassles. Maintain an updated bank account within PayPal for smooth, quick money-in transactions.

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