2 min article

Updating your checking account details for payouts

As an eBay seller, you’ll receive your payouts to your linked checking account or debit card. If your account details aren’t up to date, or if you want to receive payouts to a different account, you'll need to update your details from the Payments tab in Seller Hub, or from Payments in My eBay.

From the Payments tab - opens in new window or tab in Seller Hub, or Payments - opens in new window or tab in My eBay, you can see what payment method is currently set up to receive your payouts, and update your details when you need to. Remember, it's important to have a valid payout method linked to your eBay account to ensure your account stays active.

To update your checking account for payouts:

  1. Go to Payments in Seller Hub or My eBay.
  2. Select Delete under your existing payout checking account. (You need to delete this checking account before adding a new one as you can only have one checking account on file for payouts.)
  3. Select Add.
  4. Select Log in to my bank or Enter manually and then follow the instructions provided.

You can also update your payout account by selecting Add cards and accounts, then choosing Payouts. The new checking account you add will replace your existing payout checking account. 

It usually takes 2 business days for changes to be confirmed and payouts to be enabled for your new checking account.

Tip
Your linked checking account must be a personal or business checking account. It can't be a savings account.

We’ll need to verify your details when you update any relevant information on your account. You can verify your checking account by logging into your bank, uploading a bank statement, or using microdeposits. Learn more about microdeposits and verifying your bank details in our article on Registering as a seller.

Express payouts to your debit card

Alternatively, eligible sellers can get express payouts to a verified Visa or Mastercard debit card for an additional fee. If you’re eligible, you’ll find a banner with instructions for setting up your debit card in Seller Hub - opens in new window or tab or My eBay - opens in new window or tab. Make sure the name on your debit card matches the name on your eBay account.

In some cases, you may need to verify your debit card details by uploading a bank statement. Once your debit card is successfully added to your account, you can select your debit card as your preferred payout method by following the steps above, or request a payout to your debit card on demand, which typically arrives within 30 minutes.

From July 1, 2024, a fee of $2 will be deducted from your payout total at the time the funds are transferred, whether it's a scheduled payout or an on demand payout. If the requested amount is less than $10, or more than your card issuer's deposit limit, the funds will be sent to your checking account instead.

Tip
If you’ve been asked to upload a bank statement, you should make sure the name on your bank statement matches the name on your eBay account.

Changing to a business account

If you want to use a business checking account to sell on eBay, you should register as a business account. If you registered as an individual, here's how to switch to a business account:

  1. Go to My eBay and select Account - opens in new window or tab.
  2. Select Personal information, then select Edit next to Account type.
  3. Select Confirm to upgrade to a Business account and fill in the required information.

Once you’ve changed to a business account, you may need to submit additional verification information. If we need to verify any information, we’ll notify you by email and place a banner in Seller Hub letting you know what to do next.

Once you’ve updated your details, we’ll verify your checking account, which can take up to 2 business days. Once your account is verified, we’ll send you a confirmation email, and you’ll start receiving your payouts in your new checking account.

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