The Etsy Blog

How to Deposit Your PayPal Funds into Your Bank Account (To Pay Your Etsy Bill!) handmade and vintage goods


UPDATE: As of March 10, 2009, Etsy now offers the option for sellers to pay their Etsy Bills with PayPal. Read about it here.

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Ever wondered if you could pay your Etsy Bill with PayPal?

If you have funds in your PayPal account that you would like to use to pay your Etsy bill, here’s how!

You will need a bank card with a credit card logo on it, some funds in your PayPal account, and 15 minutes. PayPal says it can take 3-4 business days for the funds to appear in your bank account, so make sure to do this ASAP to give you time to pay your Etsy bill. Ready? Ok!

1. Set up your Etsy account to pay your bill with your bank card (with credit card logo).

a. Go to Your Etsy.

b. Click Account Info (on the left side).

c. Go to the bottom of the screen, and choose click here to change your billing info.

d. Enter the information for your bank card. The CCV # is the 3 digit number on the back of your card in the signature box.

e. Click Validate Card.

2.  Withdraw funds from your PayPal account, and put them in your bank account.

a. Go to PayPal.

b. Log in to your PayPal account.

c.  Click Withdraw.

d. Click Withdraw funds to your bank account.

e. If you have previously registered your bank account with PayPal, it will appear here. Make sure it is selected in the drop down menu.

If you have not registered your bank account with PayPal, do that. Here is PayPal’s help article on how to add a bank account (don’t worry, it’s easy!). After you have added the bank account, you will be able to withdraw funds.

f. Enter the amount that you would like to transfer. Click submit.

3. Wait until the funds are in your bank account. This will take several days. Live life & craft while you wait!

4. Pay your Etsy bill.

a. Go to Your Etsy.

b. Click Your Etsy Bill (under Money on the left side).

c. Click Make a Payment Now.

d.  Select an amount to pay.

e. Double check that your method of payment is the bank card that you set up in Step 1.

f. Click Submit Payment.

And you’re done!


How much does it cost to withdraw funds from PayPal to a bank account?

According to PayPal’s fee page, it is free for U.S. bank accounts. There may be a fee for non-U.S. accounts. Please contact PayPal for questions regarding PayPal fees.

Is there a faster way to use my PayPal funds to pay my Etsy bill?

Some Etsy sellers use the PayPal debit card, which will deduct the money from your PayPal account without having to do a bank transfer. You can learn more about this at PayPal (click on the Products and Services link).