How do I confirm my bank account?

You first need to add your bank account to your PayPal account.

To confirm your bank account, we'll deposit 2 small amounts (each between $0.01 and $0.99 AUD) into your bank account. These amounts will show on your bank statement within 2 to 3 business days. You can review your bank statement or contact your bank to find out the exact amounts of these deposits.

With this information, you can complete the confirmation process online. Here’s how:

  1. Go to Wallet.
  2. Click Ready to confirm on the bank account you want to confirm.
  3. Enter the exact amounts of the 2 deposits. For example, if the amounts you received are 0.12 and 0.07, enter 12 and 07.
  4. Click Confirm.
After you complete this process, the initial withdrawal limit on your account will be removed.