Sunday, February 19, 2017
How to Connect Your Bank Account to PayPal
By
Joie Gahum
11:31:00 AM
how to link PayPal to your bank account, link a bank account to PayPal, online freelancing tips, online freelancing withdrawal methods, PayPal transactions
It is essential for an online freelancer to secure a system
that will allow them to withdraw their earnings online. Some online working
platforms like Upwork features a withdraw to bank action for their freelancers.
Others opt to use other online earnings withdrawal methods like Payoneer and
PayPal.
PayPal is one of the most common methods that you can use in
receiving funds from offshore transactions and your withdrawal method as well
in acquiring your online earnings.
Setting up a PayPal account is easy. You just need to have a
valid e-mail address and then you’re good to go. Withdrawing your PayPal funds
requires you to have a valid bank account.
This is a short guide (with pictures) on how you can connect
your Philippine bank account to your PayPal account.
Step 1
Log in to your PayPal account. On the left side, click on
the Add a Bank account or card option other the Bank and Cards Menu.
Step 2
Click on the Link a bank account icon.
Step 3
I have preciously connected bank accounts on my PayPal
account so you will see three accounts already connected to my PayPal account. To
add my third one, or your first one, click the Add button.
Step 4
Fill up the boxes with your bank details. Be sure that the
name of the account that your fill-up is the same as the name of your bank
account. Enter your Bank Name, Bank Account Number and your Bank Code. List of
Bank Codes for Philippine Banks are enumerated below.
Step 5
Double check the details that you have submitted. Click the
Edit button if you need to re-do some of the details or hit the Save button if
you are done.
You will receive an email from PayPal that you have
successfully linked a new bank account to your PayPal account. Unlike linking a
Credit Card to your PayPal account, PayPal will not require you to have a fixed
and refundable amount (Php.200.00) debited from your account to check that your
Credit Account is indeed a verified account.
Still having issues linking your bank account to our PayPal
account? Hit me a message on the comment section.
Labels:
how to link PayPal to your bank account,
link a bank account to PayPal,
online freelancing tips,
online freelancing withdrawal methods,
PayPal transactions
How to Connect Your Bank Account to PayPal
Reviewed by Joie Gahum
on
11:31:00 AM
Rating: 5

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