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"Instrument is currently marked as bad" when adding a Bank Account via IBAN

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"Instrument is currently marked as bad" when adding a Bank Account via IBAN

I am attempting to add a bank account to my PayPal account, in order for a webshop to accept my payment due to security measures, however when attempting to do so, I get greeted with this nondescript error message telling me that "Instrument is currently marked as bad".

I have already managed to transfer the actual funds to my PayPal account, but now it's seemingly blocking me from using them in this webshop due to the lack of a card?

 

Is there a way for either you or me to resolve this quickly? The payment is due pretty soon.