How to Use PayPal to Fund an E*Trade Account

1. Log in to PayPal. Choose 'Profile' from the menu on the top of the screen and click on 'Bank Accounts.'
2. Click on 'Add.' Choose 'United States' as the country where your E*trade account is held and enter 'E*Trade Clearing' as the bank name.
3. Mark the account as a checking account by clicking the radio button next to 'Checking.' Type '056073573' as your routing number. Type your account number as the account number. Click 'Continue.'
4. Wait three days. Log in to your E*Trade account. Find two small deposits that list PayPal as the depositing bank.
5. Log in to your PayPal account again. Go to your profile and click 'Bank Accounts.' Click 'Confirm.' Type in the deposit amounts that are on your E*Trade statement. Click 'Submit.'
6. Transfer money to your E*Trade Account from PayPal as necessary. Log in to your PayPal account, click on 'Withdraw Funds' and transfer the amount you need into your E*Trade account. If you want to transfer funds from E*Trade to PayPal, click on 'Add Money' and transfer the money from E*Trade to PayPal.