Remove Bank from PayPal- Concrete Guideline

Are you not using PayPal anymore? Do you want to remove bank account from PayPal? With PayPal, it has always been a cakewalk to receive and send money for your business.

remove bank account from PayPal

The platform always helps in smoothening the process of fund transfer across the countries. You can add and delete or update your banking information on PayPal at any given point in time. If you have already linked your bank account with your PayPal account and you want to change or remove it, you just need to follow a few steps.

Reasons to Remove Bank Account From PayPal

With the changing needs of your business, you might want to update or remove your old bank account from PayPal. You can remove your bank account if you’re going to add a new bank account as well.

If you’re going to delete your PayPal account, then also you need to remove your bank account linked to the PayPal account. If the PayPal account is not in use or you do not wish to keep it connected with your bank account, you can remove them later.

How To Remove Bank Account From PayPal

Removing a bank account that has been previously linked with PayPal is quite easy. You just need to follow the steps below.

PayPal Homepage
  • On the Home Page, you will see a tab ‘Banks and Cards’ on the left-hand side of the screen.
  • Now click on the tab, and you will find your linked Bank account.
  • Once you click on the Linked bank account tab, you will find an option at the bottom of the page ‘Remove Bank Account.’
  • If you are sure about removing the bank account, you can just click on the option.
  • Before clicking on the option, do not forget to review all your bank account information.
  • Your bank account will be removed once you click on the option, it may take some time to get the updates.

When it becomes difficult to remove a bank account from PayPal?

There are certain cases, where it has been found to be stressful on PayPal users. They are having difficulty to remove the bank account attached to their PayPal account. There can be two scenarios for which you might face hurdles in removing the accounts.

For Pending Transactions

If you have a waiting payment/transactions in your PayPal account linked to the bank account you want to unlink, the process cannot be completed. It is because the bank account you want to remove is already in operation.

To remove bank account, first, you need to check whether all the transactions relating to that account have been settled or not. If not, you need to wait for the transactions to complete.

Once there is no pending transaction, you can go ahead with the steps mentioned above. Then you can unlink your bank account from PayPal.

On PayPal, you can add multiple bank accounts and cards. Suppose, you have added three bank accounts, out of them you need to make one account as a primary account. When you want to remove your bank account, you need to see whether it is the primary account or not.

For Primary Bank account

If the bank account you wish to remove is a primary one, you need to update and change it to another bank account. When you make another bank account the primary one, you are free to remove the bank account you do not want.

If you try to unlink an account, which is your primary account on PayPal, the request for removal won’t be processed. This only applies to the primary account.

Bottom Line

Iif you want to remove your bank account from your PayPal account, you can follow the steps mentioned above. It is not a hectic process at all, and you can always add a new bank account to your PayPal and update it whenever necessary.

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3 thoughts on “Remove Bank from PayPal- Concrete Guideline”

  1. The same thing happens with Paypal when a company provides a service, not one you actually use. It is not easy for a company to give you a bad experience, and they don’t have that experience, but they shouldn’t be required to do business in every country. And when I asked for it, my response was “No, you’re not getting it right now”.

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  2. It’s probably good to see them go with a bank that has their own PayPal accounts. As long as you are providing the bank with an account, it’s probably a good idea to stick with your own account if you are providing the account for free.

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  3. The best way forward is to create a bank that will do this for you and charge a commission for it in the future. If you don’t want it then you don’t have a bank that will do it.
    I can think of other reasons to do it, but these things will come from a variety of factors including the number of accounts you’ll need to get them off your back, the impact on your life, the likelihood that your money will come back online in a month or two, the rate you would expect it to have, the level of paperwork, and the chance that this will end up. I wonder how many of the people that are not making the decision to move on to this stuff are just making it easier for people with no bank to do it.

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