Consumer advisory - PayPal Pte. Ltd., the holder of PayPal’s stored value facility, does not require the approval of the Monetary Authority of Singapore. Users are advised to read the terms and conditions carefully.

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How to link and verify your bank account

Log into your PayPal account

Click on the Money tab and Link a Bank

Enter your bank account information and select Continue.

Once you’ve linked a bank account to your PayPal account, you’ll be able to withdraw funds you receive from customers.

Follow these simple steps to add your bank account:

1

2

3

Verification removes the withdrawal limits on your PayPal account. To verify your account, we’ll make two small deposits (less than $1 each equivalent) into the bank account provided. After 2 to 3 business days, review your bank statement or contact your bank to find out the exact amounts of these deposits.

Once you see these deposits in your account, enter the two amounts into the verification section of your PayPal account.This will complete the verification process and remove your withdraw limit.

Verifying your bank account