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1. Account Management > 2. Verify Your PayPal Account

Verify Your PayPal Account

Provide PayPal with your necessary account information without waiting for your monthly bank statements.

Federal banking regulations require financial institutions to obtain proof of your identity before allowing you to open a bank account, and PayPal uses this fact to add security to their system. If you have a bank account, it proves you are a real person, at least in the eyes of PayPal. To unlock all the features of a new PayPal account, you’ll have to attach a bank account and confirm it.

Once you do this, your account will be verified and the following will happen:

  • You’ll become eligible for Seller Protection [Hack #25] .

  • You’ll be able to send as much money as you like. Unverified accounts are otherwise limited in the total amount of money that can be sent ($2,000 for U.S. accounts, for instance).


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