Deposit money to my bank

Michael10048
Contributor
Contributor

I deposited money into my bank without verifying my bank account on PayPal will this affect the deposit

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PayPal_Cristina
Moderator
Moderator

Hi @Michael10048,

 

Thank you for your post and welcome to our Community Help Forum!

 

If the status of the withdrawal shows as "Completed", there is no problem. We ask you to confirm your bank account because we want to ensure that you are the account owner. Confirming your bank account helps keep your account secure.

 

Here’s how to confirm your bank account:

  1. Click Wallet at the top of the page.
  2. Select the desired bank account and click Confirm.
  3. Click Continue, and review and submit the Direct Debit details. (If the bank account is a business account or more than one person is required to authorise debits, you must print and sign a paper Bank Funding Instruction and post it to the address provided.)

We'll deposit 1p in your bank account. You'll find a 4-digit code next to the 1p deposit on your statement. This should appear in your bank account within the next few minutes, but may take up to two hours, depending on your bank.

When you know the 4-digit code:

  1. Click Wallet at the top of the page.
  2. Select the desired bank account and click Confirm.
  3. Enter the 4-digit code and click Confirm

I hope this helps.

 

Cristina

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