No, its stated in their TOS that the bank account name and the acc holder's name should be an exact match, if not, they'll just return your money back into paypal, but the fees wont be refunded.
On the otherhand, if the other person (with the bank a/c) has a paypal account, you could just send all the money into that account. Be careful that you have proof of identity for both accounts, otherwise they'll freeze both accounts as they'll assume violation of paypal TOS (multiple accounts) (money laundering).
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Never share your den with a fox cleverer than yourself.
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