How do I open a bank account for PayPal?

Answer Log in to your PayPal account. Click "Profile." Click "Add or Edit Bank Account." Click "Add Bank." Select "Checking" or "Savings." Add the routing number and account number. Click "Continue." Foll... Read More »

Top Q&A For: How do I open a bank account for PayPal

Do you need a bank account to open up a paypal account?

You do not need a bank account to open up a PayPal account. You will need some source of funding for your PayPal purchases and to verify your identity. You can use a bank account, credit card or de... Read More »

How do i add a bank account to paypal?

Adding Payment MethodsTo add a bank account to your paypal account, go to and login with your email address and password. Under the tab 'My Account', hover your mouse over the heading 'P... Read More »

Is PayPal a Safe Bank Account?

PayPal is not considered to be a bank account. What this means, in terms of safety, is that PayPal is definitely not safe in the conventional sense of the word. When a person does business with a... Read More »

Can paypal take money out of your bank account?

Yes. When purchasing through PayPal, money is drawn from an account-holder's PayPal balance first. If there is not enough money there to cover the purchase, the money may then be drawn from a bank ... Read More »