What are Paypal Bank Routing Numbers used for?
Paypal Bank routing numbers are used to transfer money from your business account to make payments via online or phone. Through a Paypal Bank routing number, you can set up a direct deposit, or automatically the bills can be paid from your Paypal Bank account. You can also get payments such as Salary, pension, pay in check, or make a wire transfer, ACH transfer to someone in the U.S.
So, get the right Paypal Bank routing number before you make or receive any fund transfer.