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-   Amazon X (https://www.aspkin.com/forums/amazon-x/)
-   -   A glitch in Amazon's funds disbursement policy (https://www.aspkin.com/forums/amazon-x/42463-glitch-amazons-funds-disbursement-policy.html)

scratch 02-08-2012 10:31 PM

A glitch in Amazon's funds disbursement policy
 
Through trial and error I found out that there is a glitch in Amazon's new funds disbursement pollicy that could be usefull to those who still manage to survive on Amazon. According to their new policy the settlement process for the individual sellers repeats every 7 days and it includes the payments from the orders confirmed as shipped between 14 to 21 days prior to the settlement date. In other words the funds are being held in reserve for 2-3 weeks. If you confirm the orders as shipped within 24 hours before the disbursement the payments for those orders won't be held in reserve and you will get the payments for those orders transferred. Let's say if the settlement day is tomorrow and you confirm the orders as shipped today you will get paid for those orders tomorrow.

Hopefully this will be usefull to some of you

degsey69 02-08-2012 10:36 PM

Thats good news especialy as my account is reasonably new on Amazon ;)

rsot 02-09-2012 10:14 AM

Pretty nice info if true.

scratch 02-09-2012 03:34 PM

I have tested this many times it is 100% true. Too bad Amazon began deleting my accounts the same day I start selling on them.

cardfelon 02-09-2012 04:03 PM

If they started deleting the same day as created you are doing something wrong for sure.

scratch 02-09-2012 04:13 PM

Quote:

Originally Posted by cardfelon (Post 310854)
If they started deleting the same day as created you are doing something wrong for sure.

They don't delete the accounts when created. I created the accounts about 3 months ago, they are good untill the day I list and sell on them. I followed every step of Amazon Ghost when creating the accounts. I even used dial up for some of the accounts to make sure the DSL's IP pool didn't get flagged by them but still the accounts got deleted. The only reason I can think of are the VCCs.

robsut 02-09-2012 04:33 PM

Quote:

Originally Posted by scratch (Post 310858)
They don't delete the accounts when created. I created the accounts about 3 months ago, they are good untill the day I list and sell on them. I followed every step of Amazon Ghost when creating the accounts. I even used dial up for some of the accounts to make sure the DSL's IP pool didn't get flagged by them but still the accounts got deleted. The only reason I can think of are the VCCs.

I Now Agree, it has to be the VCC's, i have created lots of accounts and have never had any deleted, until today, only selling a single item and nearly 3 month old, never had any review on it either , i do also wonder if it has anything to do with there Beta version of Amazon Central. i buy my vccs off certain sellers off here and am intrigued as to whose vcc's are good and whose are not, when we purchase them do they keep the card loaded until the expiry date for when Amazon do a check to make sure the card is still valid, interesting

MichaelW 02-09-2012 04:37 PM

Not true.

This happen to many of my accounts. When I confirmed or print shipping label, the money available there for 1-2 hours and then moved to reserve.

EbanYtsa 02-09-2012 06:41 PM

Quote:

Originally Posted by scratch (Post 310858)
They don't delete the accounts when created. I created the accounts about 3 months ago, they are good untill the day I list and sell on them. I followed every step of Amazon Ghost when creating the accounts. I even used dial up for some of the accounts to make sure the DSL's IP pool didn't get flagged by them but still the accounts got deleted. The only reason I can think of are the VCCs.

U should have selling history if you sell a lot, 3 month old account or 3 year old one dosn't matter / also certain items, like certain software block you account instantly in couple hours


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