We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Ebay, paypal,bank account

hi there

does anyone knoe if you can have 2 different bank accounts attached to your paypal acc, i have got a bank acc on there already, but want my paypal funds to be transferred to my new bank acc, can i just add my new bank acc, or do i have to remove the bank acc i already have and add my new acc which was only set up on Thursday.

Will this be straightforward if i sell things will it be easy to transfer money to bank or do i have to wait a while,

many thanks

Comments

  • pinkgem
    pinkgem Posts: 3,299 Forumite
    remove old bank account and add new bank account
  • debtsucks
    debtsucks Posts: 91 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    pinkgem wrote: »
    remove old bank account and add new bank account

    hi pinkgem

    thanks for your reply,

    so if i do that and i sell something in the meantime, will i be able to transfer funds straight away or do i have to go through some verification process, its just that i cant really afford to wait1!!
  • RFW
    RFW Posts: 10,432 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    debtsucks wrote: »
    hi there

    does anyone knoe if you can have 2 different bank accounts attached to your paypal acc, i have got a bank acc on there already, but want my paypal funds to be transferred to my new bank acc, can i just add my new bank acc, or do i have to remove the bank acc i already have and add my new acc which was only set up on Thursday.

    Will this be straightforward if i sell things will it be easy to transfer money to bank or do i have to wait a while,

    many thanks

    You can add more than one bank account to your Paypal account, you don't need to remove one. Go into Profile on your Paypal front page and you'll see an "add bank account" link. I think you can have up to 20 different bank accounts added (might be 10, more than enough anyway!).
    .
  • debtsucks
    debtsucks Posts: 91 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    RFW wrote: »
    You can add more than one bank account to your Paypal account, you don't need to remove one. Go into Profile on your Paypal front page and you'll see an "add bank account" link. I think you can have up to 20 different bank accounts added (might be 10, more than enough anyway!).

    thanks rfw,

    so when i add and i sell something does it give you the option which bank to transferr, also this is a new bank, so will i have to wait for verification and things like that
  • RFW
    RFW Posts: 10,432 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Just checked its 8 accounts you can have.

    You have to keep one as a "primary" account, but can withdraw money to any you have listed.

    As long as you have the sort code and account number, you don't need anything else to withdraw to it.
    .
  • debtsucks
    debtsucks Posts: 91 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    RFW wrote: »
    Just checked its 8 accounts you can have.

    You have to keep one as a "primary" account, but can withdraw money to any you have listed.

    As long as you have the sort code and account number, you don't need anything else to withdraw to it.

    thanks for helping me on that, is there any way you can post the link so i can see it on ebay alos, as i useless trying to find info on that piggin site!!!

    thanks for your help
    (do you know if i transfer funds from the new acc will it take longer due to it being a new acc)

    i really appreciate this
  • RFW
    RFW Posts: 10,432 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    debtsucks wrote: »
    thanks for helping me on that, is there any way you can post the link so i can see it on ebay alos, as i useless trying to find info on that piggin site!!!

    thanks for your help
    (do you know if i transfer funds from the new acc will it take longer due to it being a new acc)

    i really appreciate this

    When you sign into Paypal, you'll see "My Account Overview" page, on the left hand signed is a row of tabs, "My Account", "Send Money", "request Money", etc, underneath these are "overview", "add funds"......................."profile", move you cursor over "Profile" and you'll see the edit/add bank account. I can't give a link as its a secure page and it will just take you to your login page.

    The withdrawal time for new account should be the same as to old account, withdrawal time varies between banks anyway.
    .
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.