Where to find and change your bank account on eBay
Go to your eBay account settings, select Account, then Payments, then Manage bank accounts. You will see a list of any bank accounts you have already added. To change which account eBay uses, click the account you want to make active, then select Make primary. To remove an old account entirely, click it and choose Remove. To add a new bank account, click Add a bank account and enter your routing number, account number, and account type (checking or savings).
eBay will verify the new account by depositing two small amounts into it within one to two business days. You will need to confirm those amounts in your eBay account to finish the verification. Until you confirm them, eBay will not use that account for payouts.
If you are changing your bank account because you are switching banks, you do not have to remove the old account right away — you can leave it there until the new one is verified and active, then delete the old one.
Key Takeaways
- You can add a new bank account and keep the old one active until the new one is verified, which takes one to two business days plus your confirmation step.
- eBay verifies new accounts by depositing two small amounts that you must confirm in your account settings before payouts will use that bank account.
- To make a different account your primary account, go to Payments, Manage bank accounts, select the account, and click Make primary.
- You can remove an old bank account at any time from the same Manage bank accounts page, but do not remove it until your new account is fully verified and active.
Why eBay needs to verify a new bank account
When you add a new bank account to eBay, the company deposits two small amounts (usually between $0.01 and $0.99 each) to confirm that the account belongs to you and that you can access it. This is a standard fraud prevention step — it proves you control the account and that the routing and account numbers you entered are correct.
You will see these deposits in your bank account within one to two business days. Log back into eBay, go to the same Payments section, and enter the two amounts when prompted. Once you confirm them, the account is verified and eBay can use it for payouts.
If you do not confirm the amounts within 30 days, eBay will remove the account from your profile and you will have to add it again.
What happens to pending payouts when you change your bank account
If eBay has already scheduled a payout to your old bank account, changing your primary account will not redirect that payout. It will still go to the old account on the date eBay originally set. Any payouts scheduled after you change your primary account will go to the new account.
You can check when your next payout is scheduled by going to Account, Payments, and looking at the payout summary at the top of the page. It will show you the date and the account it is going to. If you need to move money from the old account to the new one after the payout arrives, you can do that through your bank.
Removing an old bank account safely
Before you remove an old bank account, make sure no payouts are still scheduled to it. Go to Account, Payments, and check the payout summary. If the next payout is going to the old account, wait until that payout clears before you remove it.
Once you have confirmed that your new account is active and receiving payouts, you can remove the old account by going to Manage bank accounts, clicking the old account, and selecting Remove. eBay will not let you remove an account if a payout is still pending to it, so if you see an error message, check your payout schedule again.
Troubleshooting a bank account that will not verify
If the two verification deposits do not appear in your bank account after two business days, check that you entered your routing number and account number correctly. A single digit wrong will prevent the deposits from going through. Log back into eBay, remove the account, and add it again with the correct information.
If the deposits do appear but you cannot find the amounts or forget what they were, contact your bank and ask for the exact amounts of the two small deposits from eBay. Then return to eBay and enter those amounts in the verification field.
If you have tried multiple times and the account still will not verify, the problem may be with your bank's settings. Some banks block small test deposits or flag them as suspicious. Contact your bank's customer service and ask if they have blocked any deposits from eBay, or if they require you to pre-authorize eBay as a trusted recipient.
Changing your bank account if you are a seller with multiple payment methods
If you use eBay Managed Payments, all your sales proceeds go to the bank account you set as primary. If you also accept credit cards or PayPal through eBay, those payments still go to the same primary bank account — you cannot split payouts between different accounts.
If you want to receive payouts to a different account for a specific reason, you will need to change your primary account. There is no way to route different types of payments to different banks. Once you change your primary account and it is verified, all future payouts will go there.
Frequently Asked Questions
How long does it take for eBay to verify a new bank account?
eBay deposits the two verification amounts within one to two business days. Once you see them in your bank account, you can confirm them immediately in your eBay settings. Verification is complete as soon as you enter the correct amounts — there is no additional waiting period after that.
Can I use the same bank account on multiple eBay accounts?
Yes. Each eBay account can have its own bank account, or multiple eBay accounts can use the same bank account. eBay does not restrict this. However, if you have multiple eBay accounts, each one must go through the verification process separately.
What if I entered my bank account number wrong?
Remove the account from your eBay settings and add it again with the correct number. The verification deposits will not go through to the wrong account, so you will not see them in your bank. Once you add the account with the correct information, eBay will send new verification deposits.
Do I have to remove my old bank account before adding a new one?
No. You can add a new account while keeping the old one active. This is actually safer — you can verify the new account and make it primary before removing the old one, so you know payouts are going to the right place.
What if a payout was sent to my old account after I changed my primary account?
Check your payout schedule in Account, Payments. If a payout went to the old account by mistake, contact eBay's Resolution Center and explain what happened. eBay may be able to redirect the payout or issue a new one to your new account, but this depends on whether the payout has already cleared your bank.