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xdirc

11-23-2011 09:30 AM

Amazon Starting With Their 21-Day Hold

Well, I logged into my account today expecting to withdraw and I dont even see a request disbursement button. I figured it was just the new look of Amazon and I couldnt find the button. But then I start checking links and stuff. And get this.. Whats also bad is that I dont see anywhere that says if you are a pro seller you can request disbursement. Ill gladly pay the $40 a month for it.

Quote:

When will I be paid?
Generally, Amazon Services first settles your account 21 days after you register with Seller Central. Subsequently, the settlement process repeats every 7 days. Each automatic weekly disbursement will reflect the net proceeds for orders you confirmed as shipped between 14 and 21 days prior to the disbursement date.

In order for a settlement to take place, you must:

Have a positive or zero account balance. Customer refunds, claims and chargebacks, as well as monthly subscription and other fees can affect your balance.

Have entered valid information in Seller Central for a US checking account or for a bank account located in the UK, France, Germany or Austria. For more information, please see Bank Account Information.

Have identified a valid credit card for your Seller Account.

When your account is settled, we post a settlement report in the Reports section of Seller Central and transfer your funds to your bank account using an Automated Clearing House (ACH) or electronic funds transfer. It usually takes 3-5 business days from the time that we settle your account and initiate an ACH or electronic transfer before the funds arrive in your bank account.

cardfelon

11-23-2011 09:33 AM

So your saying this is on a account that you have already been receiving disbursements on? They always hold the funds for 14 days when you first register a seller account.

xdirc

11-23-2011 09:42 AM

No. I have not received any disbursements yet. The account 18 days old. And yes, i know they always hold the funds for 14 days. That is not what I said or am asking. If you read it, it says 21 days!

cardfelon

11-23-2011 11:14 AM

So what are you asking then? You just copied and pasted something from Amazon and then made a statement about it. You never asked a question!!!

xdirc

11-23-2011 11:25 AM

Quote:

Originally Posted by cardfelon (Post 289416)

So what are you asking then? You just copied and pasted something from Amazon and then made a statement about it. You never asked a question!!!

Yes, exactly. It was a statement, not a question. I wasn't asking a question. I was making a statement. Giving information. Giving a heads up. Making it aware.

But either way. Have you or anyone else heard of this? I know months ago they were talking about doing it, but didn't do it. Now they just throwing it up there. Also, does anyone know if you sign up as a pro seller, will you be able to request disbursement every 24 hours?

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