Automatic payment from non-default bank account

rewtroy
Contributor
Contributor

Hello, I'd like to configure paypal to (1) have more than one bank account attached, (2) have one bank the default for most transactions, (3) have one type of automatic payment pulled from another account (let's say, iTunes) pull from a specific bank account which is not the default.

 

To clarify the example, let's say there's Bank-Account-A and Bank-Account-B associated with this account.  Bank-Account-A is the default for the paypal account.  Various transactions are made from various places with pull from this paypal account, and try to pay via Bank-Account-A first, and Bank-Account-B second if and only if insufficient funds are in Bank-Account-A.  This works now and is easy to setup.

 

Then let's enter Vendor-C.  Vendor-C makes frequent requests for money, and they have been preauthorized.  Right now, they just use the same default Bank-Account-A like everyone else does.  I'd like them to instead always pull from Bank-Account-B.  Everything else should go through Bank-Account-A.

 

Is this possible to do with one paypal account?  Or must this take two paypal accounts to route funds correctly?

 

I do recall figuring out how to do this with the Paypal donate button; they contain codes that dictate specific accounts to route money into (reverse direction, but same concept).  However, Vendor-C doesn't go to a web page I set up to click a button and fill out a web form.  It has a user profile for me and allowed me to enter a credit card, or in this case, a paypal account for handling expenses.  I see it mentioning my primary email address for paypal, so I could change that to another email address I have associated with paypal.

 

Is there a way in paypal to associate payment requests against a particular email address to always go to another funding source that isn't the default?  Or some other way to indicate this in the vendor account->paypal account preauthorization configuration?

 

Thanks.

 

--

Jeff

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PayPal_Adrian
PayPal Employee
PayPal Employee

Hi rewtroy,

 

Welcome to the Community!

 

The good news right off the bat is that you can have up to 8 bank accounts on your PayPal account, so you're already set up and ready to go for that!  Once you have two, confirmed bank accounts, you should have an option to edit them and select one as your primary bank account.  That bank account will then be the primary source of funds for any bank transfer sent through an online checkout. 

 

However, you can make it so that preapproved and recurring payments are only able to pull from certain funding sources.  Here's how from our help center:

 

  1. Log in to your PayPal account.
  2. Click the Settings icon beside "Log out."
  3. Click Preapproved payments under "Payment settings."
  4. Select the merchant whose agreement you want to change under "Merchant."
  5. Select a funding source under "Subscription Funding Source."
  6. Click Update Information at the bottom of the page.

Thanks!

 

Adrian

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PayPal_Adrian
PayPal Employee
PayPal Employee

Hi rewtroy,

 

Welcome to the Community!

 

The good news right off the bat is that you can have up to 8 bank accounts on your PayPal account, so you're already set up and ready to go for that!  Once you have two, confirmed bank accounts, you should have an option to edit them and select one as your primary bank account.  That bank account will then be the primary source of funds for any bank transfer sent through an online checkout. 

 

However, you can make it so that preapproved and recurring payments are only able to pull from certain funding sources.  Here's how from our help center:

 

  1. Log in to your PayPal account.
  2. Click the Settings icon beside "Log out."
  3. Click Preapproved payments under "Payment settings."
  4. Select the merchant whose agreement you want to change under "Merchant."
  5. Select a funding source under "Subscription Funding Source."
  6. Click Update Information at the bottom of the page.

Thanks!

 

Adrian

Was my post helpful? If so, please give me a kudos!

Did my post solve the issue? If so, please accept it as a solution!
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grannythepegger
New Community Member

Hi

I'm having trouble trying to figure out how to make automatic payments on my Pay Pal credit account.

Thanks

Granville Harris

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