brian
paypal 0 Comment

How to Deposit Money into PayPal via Sparkasse Online Banking 

If you’re a Sparkasse customer and want to fund your  PayPal account in German, the process is simple and efficient. Whether you’re using the Sparkasse app or their website, this guide will walk you through every step to successfully transfer money to your PayPal account.

Step 1: Log in to PayPal

  1. Open the PayPal app or visit the PayPal website.
  2. Log in to your PayPal account.
  3. Navigate to the Wallet section.



Step 2: Link Your Sparkasse Bank Account

To transfer money, you’ll need to link your Sparkasse account to PayPal:

  1. In the Wallet section, click Link a New Bank Account.
  2. Search for Sparkasse in the bank list.
  3. Select your local Sparkasse branch (e.g., Kreissparkasse Köln).
  4. Enter your Online Banking credentials, including your username and PIN.
  5. Confirm and authorize the connection.

Once linked, your Sparkasse account will appear in the Wallet section of PayPal.

Step 3: Initiate the Money Transfer

  1. Go to Wallet and select your linked Sparkasse account.
  2. Click Add Money or Deposit Funds.
  3. Follow the instructions provided, which include the bank account details and IBAN of PayPal’s receiving account.

Ensure the Sparkasse account you’re transferring from matches the name on your PayPal account to avoid complications.

Step 4: Log in to Sparkasse Online Banking

  1. Open the Sparkasse website or app and log in using your credentials.
  2. Select Transfer/Überweisung from the menu.
  3. Enter PayPal’s bank details:
    • Recipient Name: As shown on your PayPal instructions.
    • IBAN: Copy this directly from the PayPal deposit page to avoid errors.

Step 5: Enter the Transfer Details

  1. Specify the amount you want to transfer.
  2. Leave the “Purpose/Verwendungszweck” field blank, unless PayPal instructs otherwise.
  3. Choose Standard for the payment type and execution options.
  4. Review your transfer details and confirm.

Step 6: Authorize the Transfer

  1. Open the Sparkasse pushTAN app to authorize the transaction.
  2. Approve the transfer, and you’ll receive confirmation from Sparkasse.

Step 7: Wait for the Funds to Arrive

  • PayPal typically processes funds within a few minutes. However, in some cases, it may take up to 1–2 business days for the money to reflect in your account.

Troubleshooting Tips

  • PayPal Option Not Visible in Sparkasse: Ensure your Sparkasse account is correctly linked to PayPal. Double-check your PayPal settings and repeat the steps above if needed.
  • Transaction Errors: If you encounter errors during the transfer, such as invalid characters in the recipient’s name, modify the input as needed.
  • Delayed Transfers: Verify that your PayPal and Sparkasse account details match exactly. Mismatched names can cause delays.



Final Thoughts

Adding money to PayPal using Sparkasse Online Banking is a straightforward process. By following these steps, you can fund your PayPal account seamlessly. If you encounter issues, consider updating both the Sparkasse and PayPal apps or reaching out to customer support for assistance.

With this method, you can easily manage your finances and enjoy the convenience of PayPal for online transactions.

Post Views: 79

Write a comment