Connecting an Silicon Valley Bank account to Paypal

Well if you don’t have a company debit card, then one easy way to make regular payments is via Paypal. Here is how you can do it:

  1. Login to your SVB Account and create a Direct Connect PIN. You use this PIN to connect SVB to a variety of financial services like Paypal and Expensify.
  2. The in Paypal, create a business account. I like to use a defined name like so it is not tied to a person who might leave. You will still need to authenticate with your own personal last four digits of your social security number etc.
  3. Then you can Add Money and look for SVB and it will ask you for your SVB account number and that PIN. So it isn’t super secure (I don’t know why don’t they don’t use oauth).
  4. At that point, you should be able to link your operating account to your paypal address so you can send and receive money from that company account.

I’m Rich & Co.

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