I actually successfully removed my bank account from one PayPal and linked it to a new one. Back in March, I sold a Nexus S to some guy from Brazil and the guy claimed he never received it and threaten to file a dispute. So instead of waiting for a chargeback to happen and it did a day later, I canceled the credit card on my PayPal and removed my checking account. I created a new Paypal under my dad's name, and attached my bank account , exact same routing and account #, to the new account, except I chooses Savings instead of checking on the drop down menu and my had a checking account. Everything is working fine as far as I can tell, withdrew over $3000 on that new account so far and no problem. Again, this was back in March so I don't know what the new policy is.
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