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Paypal updated routing number a week after i filed my taxes with the old one it says that they automatically updated existing direct deposts will that include the irs or not
Thanks for coming to the Community with your concerns!
If you have already set up Direct Deposit using PayPal, the notification could be relating to an update with that program. If this routing number differs from the original number you set up your Direct Deposit for, you'll simply need to contact the IRS to update the routing number with them. If this change impacted your PayPal account, typically an email notification would have been sent out as well. In situations where your Direct Deposit is in question, it would be wise to contact PayPal Customer Support directly. This can be done by clicking on "Contact" at the bottom of the PayPal website. Next, you'll scroll down to review your available support options.
I'm sorry if this update alarmed you and caused an inconvenience! If everything is updated, the funds should successfully be added to your account when received and completed.
Hi @Kennick12 and @PayPal_Schae,
I have some great news! This FAQ has some information regarding the change to the Direct Deposit Routing Number. If you set it up with the old information prior to the change, all of the updates are taken care of (including notifying the payer's bank), and you don't have to do anything. Apologies for any confusion!
I hope this brings you peace of mind.
This was not my case. I did not receive direct deposit funds after this latest routing number change, and apparently there is no way to get that $ back. Apparently, PayPal does not "reach out" to banks to change direct deposit routing numbers.
Since the fault is on Paypal and not my employer, that money is gone. My employer did not receive the check back, so there is nothing that can be done.
I changed my direct deposit with my employer to another institution immediately so that this won't happen in the future, but I'm still out 2 weeks' pay.
I feel robbed.
Thank you for posting your question in the Community. I apologize for the confusion this notification caused. If you're enrolled in Direct Deposit or have the PayPal Cash Card, PayPal recently sent out a notification about a change to the routing account number that will be used. This change will allow our customers to have Direct Deposit 2-Day Early Access.
I hope you find this information useful!
Just found out that my routing number has changed. I do not know if my student loans will be posted there or not. What happens next if they can't deposit my money they send me a check?
Welcome! This is a great question. I would recommend first reaching out to your student loan provider to see what course of action they would take. If the funds bounce back to the provider, they may be able to update their records with the new routing number or if possible mail you a check.
- Jon K
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