How To Open An Etsy Shop Without A Bank Account [2023 Guide]

If you’re wondering how to open an Etsy shop without a bank account, the short answer is no, it is not possible to open an Etsy shop without a bank account. 

You need a bank account to start selling on Etsy so they can directly wire your funds into your bank account. Having a verified bank account on the platform also helps Etsy stay aligned with anti-money laundering and related laws

You might be thinking: What about PayPal? Could I use PayPal if I want to create an Etsy seller account? 

The answer too is no, you cannot use PayPal to receive funds as PayPal merely acts as an intermediary and isn’t a bank nor will it provide you with a bank account. 

So if you want to know how to sell on Etsy without a bank account, I hate to break it to you, but you cannot.

But I can most certainly teach you how to sell on Etsy within this article in a few simple steps, and also what is the best bank account for an Etsy business. These steps are:

1. Create An Etsy Account

2. Set Your Shop Preferences

3. Choose Your Etsy Shop Name

4. Choose Your Payment Preferences

5. Customize Your Shop

6. Add Items To Your Shop

7. Open Your Shop

How to open an etsy shop without a bank account

Affiliate Link Disclosure

Some of the links here are affiliate links, and I may earn if you click on them, AT NO EXTRA cost to you. I hope you find the information here useful! Thanks!

Note – If you are super busy and you want to start making money selling digital products on Etsy ASAP, you can check out this and this Etsy course, which will step up your Etsy game and start earning within 3 months! 

Alternatively, you can also check out this free Etsy Ebook that will share a list of best-selling products by month and teach you how to capitalize on seasonal trends to skyrocket your Etsy sales.

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How To Start Selling On Etsy

So if you came here wondering how to open an Etsy shop without a bank account, I’m sorry to say you cannot, but if you do have a bank account, I’m definitely excited to show you how you can start selling on Etsy! 

Don’t know where to start? Well, start right here! 

Read on for some straightforward steps on what to do before opening an Etsy shop and what to do after you’ve opened one.

How to open an etsy shop without a bank account

1. Create An Etsy Account

You’ll need to go to and create an account on the platform. This account will be used to create an Etsy seller account. You can also use this account as a buyer to buy from others on Etsy. 

When creating an Etsy account, it’s good to include a photo of yourself and a short bio so that potential buyers know you’re credible and a real person. This is especially pertinent as there are many online scammers nowadays. 

2. Set Your Shop Preferences

Next, you should go onto and click ‘Get Started’. 

Once you’re on the page, you’ll be asked to select the language you’d like your shop to be in, the country you’re based in, and the currency you’d like to deal with. 

It’s important to note that all of this should be done on a desktop or laptop instead of online. However once you’ve gotten the initial steps out, you can use the Sell on Etsy app to manage your shop. 

3. Choose Your Etsy Shop Name

You should then pick your Etsy shop name after choosing your shop preferences.

It can be nerve-wracking to choose a shop name for your Etsy shop and sometimes you may need help figuring out where to start. 

I have some tips on naming an Etsy shop in this article here

Some key things you need to remember when picking a name:

  • Your shop name should be above 4 characters but below 20 characters
  • There should be no spaces nor special characters like punctuation marks in the name 

Don’t be too afraid to commit to a name. You can still change your Etsy shop name after you’ve started your shop! 

4. Choose Your Payment Preferences

Now, this is the part where you probably are at, if you’re wondering how to sell things online without a bank account.

The long story short is that you’ll need to have a bank account if you’d want to get paid on Etsy – there’s no way around this.

Go to the “How You’ll Get Paid” page and enter your personal information, followed by where your bank is located at. The procedure is slightly different for those with a US bank account and those with bank accounts outside of the US.

For those with bank accounts outside of the US, apart from adding your bank account information, you should also add a credit or debit card and verify your bank details to receive the proceeds from your Etsy sales! 

5. Customize Your Shop 

Thereafter, you can finally start sprucing up your shop!

Things you can customize for your shop include the shop banner and logo, and a welcome message for your shoppers. You can also add some information about the background of your shop, and add collaborators if your shop isn’t just run by you.

6. Add Items To Your Shop 

Once everything is in, that’s when you start adding listings!

When adding listings, do ensure that you’re using popular Etsy keywords that are often searched for your items, as well as filling out all thirteen tags on your listing.

7. Open Your Shop

Once all that is done, all you’ll need to do is open your shop and shout, “Vist my Etsy shop!” from the mountaintops to everyone you know so they can support your new business!

Okay, maybe not the mountaintops, but marketing your new business is important to ensure that your business does well. 

If you’re worried about landing your first sale, follow these Etsy selling tips and you’ll be sure to clock that first sale in soon enough! 

How to open an etsy shop without a bank account

Tips For Selling On Etsy

If you’re looking for a quick guide on selling on Etsy, you’ve come to the right place. Here are ten tips for selling on Etsy for you: 

  • Make sure what you’re selling is in demand and fits your buyers’ search intent
  • Use all thirteen tags on your listing
  • Ensure you use Search Engine Optimization (SEO) for your listings
  • Keep tabs on your competition
  • Take good photos of your products
  • Market your shop through social media and promoted ads
  • Update your shop regularly
  • Have sound and clear shop policies, including shipping and refunds
  • Tell your story! Why did you start the shop and why are you doing what you do – people always love a good story 
  • Always have post-purchase support – thank your customers and get them to write reviews if possible. Those first few reviews will matter a lot! 

Selling on Etsy at the start can be an uphill task and you might wonder if all the effort you’ve put in is worth your time, especially if there are no sales coming in.

But I’m here to tell you that if you apply the tips I’ve shared, and keep going at it, you’ll get your first sale on Etsy soon enough.

If you want to speed things up a little, you can also consider taking a couple of Etsy courses like this and this to quickly learn how you can get your first sale.

If you’re not keen to plow in money on a course yet, I’ve got you – you can use this free Etsy Ebook which I also used to get started! 

FAQs On How To Open An Etsy Shop Without A Bank Account

Do I Have To Connect My Bank Account To Etsy?

So, do I have to connect my bank account to Etsy? Yes, you must connect your bank account to Etsy. Starting in August 2022, Etsy has made it mandatory for US sellers to verify their bank accounts, either by themselves or through a third-party service. 

If you’ve wondered how to open an Etsy shop without a bank account, then sorry bud, you definitely need to have a bank account and connect it to start selling on Etsy. 

Can I Start An Etsy Shop With No Money?

Can I start an Etsy shop with no money? Yes, you can start an Etsy shop with no money, but you will need to pay a small sum of $0.20 to list your first item, which keeps your item up for four months or until it is sold

After that, you’ll also have to pay a transaction fee of 6.5% of the sale price. 

It is not advisable to start an Etsy shop with no money as you’ll need money from the get-go in order to start listing.

If you have no money, then you could consider other options like freelance writing or seeking out other freelance jobs to earn some money first! 

If you’re just low on budget but are determined to set up your Etsy shop regardless, here are some ideas on how to sell on Etsy without making anything. You can opt to sell digital items such as:

  • Digital prints
  • Digital invites 
  • Meal and daily planners
  • Adobe Lightroom presets
  • Kitchen labels
  • Educational materials 
  • Sewing patterns
  • Crochet patterns
  • Knitting patterns
  • Social media images
  • Daily journals 
  • Digital stickers
  • Stock images
  • Digital wallpapers 

Having no budget when starting up an Etsy shop is not ideal and is an Etsy fail, so if you want to start an Etsy shop, then set aside some budget and work your way up from there. 

Make sure it is money you’re prepared to use for your business and should not be money that you may eventually need for your bills or part of your emergency fund. 

How to open an etsy shop without a bank account

Do I Need A Credit Card To Sell On Etsy?

Do I need a credit card to sell on Etsy? No, you do not need a credit card to create a shop on Etsy, but you will need to eventually use a credit card or register via PayPal to be verified as a seller once you decide to open your shop. 

Do I Need A Separate Bank Account For Etsy?

Do I need a separate bank account for Etsy? You do not need a separate bank account for Etsy if you already have one, but it is highly recommended that you create a separate bank account for your new Etsy business. 

Having a separate bank account helps you to keep your finances in check and helps you stay in line with the tax authorities

So I hope by the end of this article, you have the answer to your question, about how to open an Etsy shop without a bank account.

The answer is you cannot do so as you’ll need to link a bank account in order to get paid once you make your first Etsy sale, and also to comply with US regulations to deter money laundering. 

If you only have a personal bank account, you should also consider creating a business account for your Etsy shop to keep your finances separate and to make it easier once tax season rolls around. 

With the step-by-step guide on how to set up and link your bank account to your Etsy shop, you should be all geared up to get your business up and running!

Remember that establishing any kind of business even on Etsy takes commitment and time. Don’t get discouraged if your shop isn’t as successful as how you thought it’d be at the start! 

I took some time to get my sister’s Etsy shop off the ground and I can tell you that the effort and time invested were definitely worth it! 

All the best! 

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How to open an etsy shop without a bank account

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