PayPal requires verification of your bank account to use it. In the statement upload page, it says: In the bank statement, your name and account number should be the same as in your PayPal account.To obtain your bank statement from PayPal, you can follow these steps: 1. Log in to your PayPal account. 2. If you already have a PayPal account, you do not need to do anything. Simply select the PayPal icon during check-out on IAAI. Submit one (1) most recent paystub OR one (1) current month of full bank statements; additional documents may be requested. Reference QB Support - Free download as PDF File (. Pay Online Through the Account Center. I put these into my QBO reconciliation for Paypal which I have set up like a bank account in QBO.