How to transfer money from bank of america to paypal

When you link your bank account to your PayPal account, you can transfer money directly from a checking or savings account into your PayPal account. When transferring money, expect to wait three to five business days before the money appears in your PayPal account. You can check the status of the transaction at any time by viewing your transaction history.

Link Bank Account

1. Navigate to the PayPal website in your Web browser and sign in to your account.

2. Hover your mouse over the "Profile" link, located in the Account tab, and select "My Money" from the drop-down menu.

3. Click "Update" in the Bank Accounts section.

4. Enter in your bank account information in the fields on the Bank Account screen and click the "Add Bank Account" button. Follow the prompts provided.

5. Select the "Confirm Instantly" button if you have access to online banking. Otherwise, select the "Confirm in 2-3 Days" button. Follow the prompts to complete the confirmation.

Transfer Money To PayPal

1. Click the "Add Money" link, located under the My Account tab, and click the "Add Money From A U.S. Bank Account" link.

2. Select your bank account using the "From" drop-down menu and enter the amount you want to transfer in the "Amount" field.

3. Click "Continue" followed by "Submit" to begin the transfer process.

4. Click the "History" link and click "Details" next to the transfer to view its status.

• You can add money to your PayPal account at any time using your linked bank account.
• There are no fees when you transfer money to PayPal from your bank, and you can always send it back again.
• PayPal does not require you to keep money in your account as long as your linked bank account works, but a PayPal account with easily accessible cash can simplify and speed up payments.
• Visit Business Insider's homepage for more stories.

If you're like me and a lot of people these days, PayPal handles a lot of bills for you. 

With Netflix, eBay, and various other services linked to a PayPal account,  the fees are all handled automatically without having to do so much as click a link or tap on an app.

However, because I'm never exactly sure when a PayPal charge is coming, I always leave a cushion of cash in the account. I also like knowing that with cash in my account I can immediately send money if I have access to a phone or computer that has access to the web.

If you want to make sure you have access to immediate funds if you ever need it, pad your PayPal account by adding some money. Here's how.

How to add money to your PayPal account

1. Log into your PayPal account and click "Transfer Money" under your balance on the home page.

2. On the next page, click "Add money to your balance."

3. Enter the amount of cash you wish to transfer from your bank, then hit "Add."

4. On the next page, click "Add $ (XXX amount)" to complete the transfer.

Related coverage from How To Do Everything: Tech:

• You can use most credit cards on PayPal – here's how to add a card and link it with your account to make purchases

• How to transfer money from PayPal to your bank account for free, in 2 different ways

• How to change your PayPal password to keep your account secure, or reset the password if you've forgotten it

• How to set up and use Apple Pay on your iPhone to make contactless payments at thousands of stores

Steven John

Freelance Writer

Steven John is a freelance writer living near New York City by way of 12 years in Los Angeles, four in Boston, and the first 18 near DC. When not writing or spending time with his wife and kids, he can occasionally be found climbing mountains. His writing is spread across the web, and his books can be found at www.stevenjohnbooks.com.

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