How to verify your financial details

Transcription

1 How to verify your financial details Once you ve linked a bank to your PayPal and verified your financial details, you ll be able to withdraw funds you receive from customers. Verification of your financial details is one of our security checks to help maintain a more secure network for buyers and sellers. You must complete verification before you can withdraw funds from your PayPal. My looks like the screen above. There are 3 ways you can get verified. Follow these simple steps to verify your financial details:. Confirm your bank The following banks are supported for bank verification. We ll make two small deposits (less than RMB each) into your bank in 5-7 business days. Once you see these deposits in your bank statement, log in to your PayPal to enter their amounts to complete the verification process.. Industrial and Commercial Bank of China (ICBC). China Merchants Bank (CMB) 3. China Construction Bank (CCB) Click on the Money tab and Link a Bank Account. Verify your financial details

2 3 Choose China Bank Verification in country dropdown. 4 Enter the bank details and click Continue. 5 In 5-7 business days, check the deposits in your bank statement. Then log in to your PayPal, click Confirm bank in your To-do list. 6 Enter the deposit amounts and click Submit. Verify your financial details

3 . Confirm your UnionPay card (instant verification) Add your UnionPay card to your PayPal and choose to confirm the card. Authorize China UnionPay to send you a verification code via SMS. Without leaving the page, you can enter the code and complete the verification process instantly. Click on the Money tab and Link a Card. 3 Enter your UnionPay card details and click Add Card. 4 Click Confirm Now to open the UnionPay website in a new window. Verify your financial details 3

4 5 Enter the information as required and authorize China UnionPay to send you a verification code via SMS. Enter the code on the same page and click Activate. 3. Confirm your credit card Add your Visa or MasterCard credit card to your PayPal and choose to confirm the card. This generates a 4-digit code on your online credit card statement within -3 business days. Log in to your PayPal to enter the code to complete the verification process. Click on the Money tab and Link a Card. 3 Enter your credit card details and click Add Card. Verify your financial details 4

5 4 Click Confirm My Card. This generates a 4-digit code required to complete verification. 5 In -3 business days, retrieve the code from your online credit card statement. Then log in to your PayPal, click Confirm my debit or credit card in your To-do list 6 Enter the code and click Confirm Card. Verify your financial details 5

6 How to verify your financial details My looks like the screen. There are 3 ways you can get verified. To get started, log in to your PayPal and click Get Verified next to your status in Account Overview. Or follow these detailed steps to verify your financial details:. Confirm your bank The following banks are supported for bank verification. We ll make two small deposits (less than RMB each) into your bank in 5-7 business days. Once you see these deposits in your bank statement, log in to your PayPal to enter their amounts to complete the verification process. - Industrial and Commercial Bank of China (ICBC) - China Merchants Bank (CMB) - China Construction Bank (CCB) Click on the Profile tab and Add or Edit Bank Account for Withdrawal. Verify your financial details 6

7 3 Choose China Bank Verification in country dropdown. 4 Enter the bank details and click Continue. 5 In 5-7 business days, check the deposits in your bank statement. Then log in to your PayPal, click Confirm bank in your Notifications. 6 Enter the deposit amounts and click Submit. Verify your financial details 7

8 . Confirm your UnionPay card (instant verification) Add your UnionPay card to your PayPal and choose to confirm the card. Authorize China UnionPay to send you a verification code via SMS. Without leaving the page, you can enter the code and complete the verification process instantly. Click on the Profile tab and Add or Edit Card for Payments. 3 Enter your UnionPay card details and click Add Card. 4 Click Confirm Now to open the UnionPay website in a new window. Verify your financial details 8

9 5 Enter the information as required and authorize China UnionPay to send you a verification code via SMS. Enter the code on the same page and click Activate. 3. Confirm your credit card Add your Visa or MasterCard credit card to your PayPal and choose to confirm the card. This generates a 4-digit code on your online credit card statement within -3 business days. Log in to your PayPal to enter the code to complete the verification process. Click on the Profile tab and Add or Edit Card for Payments. 3 Enter your credit card details and click Add Card. Verify your financial details 9

10 4 Click Confirm My Card. This generates a 4-digit code required to complete verification. 5 In -3 business days, retrieve the code from your online credit card statement. Then log in to your PayPal, click Confirm my debit or credit card in your To-do list 6 Enter the code and click Confirm Card. Verify your financial details 0