PayPal greatly facilitates money transfers via the Internet, among other things. Once you have set up a PayPal account, you can list multiple banks to transfer funds or consummate other transactions. Thus, it is important to maintain current banking information. PayPal makes changing your banking information a simple process.
Log in to your PayPal account and locate the "Profile" option at the top of the page. This will take you to your profile information and allow you to access personal information you provided when you set up your account.
Click on "My Money" to locate the update function. Click "Update" next to the bank account option. This brings up the bank accounts you have listed. Select the bank account you want to remove and click "Remove."
Add a new primary bank account to your PayPal account to replace the one you have removed. Simply input your new bank account information. If you do not, you will be unable to use your PayPal account.
