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Old 11-24-2015
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Default New Bank to 7yr old acount

Hi Friends,

I have a large volume 7yr account where I need to change the bank account.

the current bank got merged and numbers will change within 60 days.

I want to be proactive, is it best to wait until after holidays? Ideally after the 1st for tax purposes and accounting it would be better.

I am just hesitant to make this change.

my plan was to add bank account and not start to use it until 1st 2016

Its a business account so deposits would be ok.

Any suggestions?
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Old 11-29-2015
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Default Re: New Bank to 7yr old acount

I would definitely wait until January since you have the option. It certainly can't HURT.

If you call PayPal and explain the change, as well as use the same IP and browser as usual, and refrain from making withdraws for about 2 weeks after the change, I predict your odds of having any issues to be .0000000000000001%
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Old 11-29-2015
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Default Re: New Bank to 7yr old acount

Ive had it before. I added it and basically to transition the account.

Made a regular deposit on the old account then made another (Smaller) deposit on the new account.

I tried to let it marinate then build it up a bit to make the transactions easier.
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Old 11-29-2015
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Default Re: New Bank to 7yr old acount

If it's better for tax purposes and accounting then I don't see a problem adding it after the 1st.

I have changed bank accounts on various accounts without problems.
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