How to Add Bank Account to eBay

By | March 19, 2023

Are you looking to add a bank account to your eBay account? If yes, then you are in the right place. Adding a bank account is an essential step to receive payments from buyers on eBay. In this article, we will provide you with a step-by-step guide on how to add a bank account to eBay.

Steps to Add Bank Account to eBay

To add a bank account to eBay, follow the steps mentioned below:

Step 1: Sign in to Your eBay Account

The first step is to sign in to your eBay account. If you don’t have an eBay account, create one.

Step 2: Go to Account Settings

Once you are signed in to your eBay account, click on the “Account” tab on the top left corner of the homepage. From the drop-down menu, select “Account Settings.”

Step 3: Select Payment Options

Under the “Account Settings” page, select “Payment Options” from the left-hand side menu.

Step 4: Add Bank Account

Under “Payment Options,” click on “Add a bank account.” Enter your bank account information, including your account number and routing number.

Step 5: Confirm Bank Account

After entering your bank account information, eBay will make two small deposits into your bank account. Once you receive these deposits (which may take up to three days), sign in to your eBay account and click on “Payment Options” again. Then, click on “Confirm” next to your bank account information and enter the deposit amount(s) to confirm your bank account.

Why Do You Need to Add a Bank Account to eBay?

Before we dive into the steps, let’s take a quick look at why you need to add a bank account to eBay. Adding a bank account to eBay allows you to:

  • Receive payments from buyers
  • Pay seller fees and other charges
  • Get refunds for items you return

FAQs

Conclusion

Adding a bank account to eBay is a simple process that can be completed in a few minutes. Make sure to enter the correct bank account information to avoid any issues with receiving payments. We hope this step-by-step guide has helped you in adding a bank account to your eBay account. Happy selling!

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