Bank account type is checking

[Kent1725]

Hi, I'm new to paypal and I'm just wondering why my bank account type seems to be 'checking' when I linked it to my paypal account. I don't know if I have to wait for something or I just need to configure something else because it seems I cant confirm my newly linked bank account.

[JP02]

@kernowlass 
Thanks for the reply, how long does it usually take PayPal to deposit into my bank account for verification? I've read in the FAQ that it's usually up to 3 business days but I have been waiting for 6 days and nothing.

Lastly, once I've selected "wallet" and clicked the bank account, will the button/link for confirmation only appear once the required amount has been deposited into my bank account? I'm asking because whenever I navigate to the said page, I only see two buttons/links which says: "give it a nickname" or "remove bank"
Screenshot of Wallet/Bank tab

[kernowlass · Accepted solution]

@JP02 

Firstly looks as if it is already linked and ready for use as not all countries have to wait for a code to go to their bank account.

Secondly checking just means its a checking account and not a savings account.

Read this link which is a Philippines one and if you look further down at their linked bank account it also says checking as its a checking account type.

https://www.paypal.com/ph/brc/article/link-bank-account

[JP02]

@kernowlass 
I see, so that means the Bank account is already linked? Thank you. I have limited knowledge about banks and PayPal so I didn't notice earlier.

But then why is my PayPal account still unverified? I couldn't receive/transfer payments from crowdsourcing platforms I work on because apparently only verified accounts could receive or transfer funds. I tried looking in the Help Center, but:

When I click on the link it just takes me to my Account/Profile settings. Do I need to do something else to verify my account? I've already confirmed my E-mail address and mobile number. I do not have a Passport, Driver's License, or a National ID. Would I have to get one of these to verify my PayPal account? Thanks again for the help.

[Mrcknth24]

I'm having the same problem. Can someone guide us please?

[caivelcru]

Just curious, why does the paypal account automatically indicate checking account even when the linked bank account is a savings? Won't there be any problems with that?

[kernowlass]

@caivelcru 

You would need to ask customer services that question, Paypal does a lot of strange things !!

[normsarwa38]

Iwant add to paypal