How to link PayPal to bank account
To link PayPal to your bank account, log into your PayPal account, navigate to Wallet, click Link a Bank Account, and enter your bank details including account number and IFSC code. PayPal will make two small deposits to verify the account, which you must confirm within the platform. Once verified, you can transfer funds between PayPal and your bank, though PayPal overview shows that fees and exchange rate markups can significantly reduce what you receive from international payments.
For Indian freelancers and exporters receiving payments from abroad, Skydo offers a more efficient alternative as an RBI-authorised platform. It provides faster settlements, more competitive exchange rates, and lower fees compared to PayPal, allowing you to retain more of your earnings. Skydo connects directly to your Indian bank account without the verification delays typical of PayPal linkages.