1 min article

Updating your bank account details for payouts

As an eBay seller, you'll receive your payouts in your linked bank account. 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 bank account details from the Payments tab - opens in new window or tab in Seller Hub, or from Payments - opens in new window or tab 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 which bank account is currently set up to receive your payouts, and you can update your details when you need to.

To update your bank account for payouts:

  1. Go to Payments in Seller Hub or My eBay.
  2. Select Edit next to the payout method you want to update.
  3. Select Add and follow the steps to add your new payout method.

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

The bank account you link to receive funds must be a transaction 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 bank 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.

Changing to a business account

If you want to use a business bank 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 send you an email and place a banner in Seller Hub letting you know what to do next.

Please be aware that once you've upgraded your personal account to a business account, it won't be possible to revert back to a personal account.

Once you've updated your details, we'll verify your bank 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 bank account.

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