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Old 02-16-2010
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Default Question about disbursement.

I have just created my first amazon account, which is stil up, so far a little over $500.00 in sales sitting in my payments account.

I've stopped selling waiting for the initial 14 days to pass so I can iniate a withdrawl.

My question is, if I keep selling and get hit with the review, and eventually suspended.

After the 90 day wait, can I use a bank account for withdrawl that I have used on a previous supsended account?

Last edited by aspkin; 02-16-2010 at 01:18 AM.
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Old 02-16-2010
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Probably not....You can't add a bank account after you're kicked.
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Old 02-16-2010
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Quote:
Originally Posted by First Edition View Post
Probably not....You can't add a bank account after you're kicked.
You have to be able to. Otherwise how would you disburse any remaining funds in your account, they dont have a check option.

Im talking about amazon not paypal.
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Old 02-16-2010
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oh oh oh.... haha sorry. Amazon. Yes, I believe you can I mean, at that point it won't matter.
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Old 02-16-2010
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Default 90 days exactly

In my experience they send that to the bank EXACTLY 90 days. They also told me you can add a bank at anytime after suspension.
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Old 02-16-2010
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I think his question is to be able to use a bank account that was used on a prior account that has been kicked.

I think the answer is yes. But I haven't had an amazon account kicked yet....
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Old 02-16-2010
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Quote:
Originally Posted by First Edition View Post
I think his question is to be able to use a bank account that was used on a prior account that has been kicked.

I think the answer is yes. But I haven't had an amazon account kicked yet....
Correct, I know with Paypal if you try and add a bank account that was on a previous suspended account you can't, was wondering if it was different with Amazon.
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After 90 days you go into the payments section and request disbursment into the original account that you started with, if you add a new one you might have to wait an addittional 7 days.
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Old 02-16-2010
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Quote:
Originally Posted by jbuntz View Post
After 90 days you go into the payments section and request disbursment into the original account that you started with, if you add a new one you might have to wait an addittional 7 days.
I know that, its 14 days after you change any bank information, that I am aware of. Please read the original question.

Amazon dosn't require a bank account to be able to sell, you can sell as much as you want and your funds will remain in your account until you deceide to add a bank account, of you can use the reserved funds to make purchases on Amazon.
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I've never done that, I always add checking account and wait 14 days before selling so I can withdraw to bank immediatly.
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Old 02-17-2010
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Yes you can use an old banned seller bank account to withdraw money from another baned acct. I do it all the time.
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  #12  
Old 02-17-2010
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Problem solved lol
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Old 02-17-2010
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Really? I wasn't aware of this. So I can open new accounts, run them up, make purchases on amazon from my reserves, eventually add bank info, and if it somehow gets suspended as amazonzombie says, just use a previously suspended bank account #? I'm seeing many a possiblities...

Quote:
Originally Posted by unfortuantemistake View Post
I know that, its 14 days after you change any bank information, that I am aware of. Please read the original question.

Amazon dosn't require a bank account to be able to sell, you can sell as much as you want and your funds will remain in your account until you deceide to add a bank account, of you can use the reserved funds to make purchases on Amazon.
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That sounds like a nice plan no need to worry about running out of checking acc.
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Old 02-17-2010
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Quote:
Originally Posted by Recherché View Post
Really? I wasn't aware of this. So I can open new accounts, run them up, make purchases on amazon from my reserves, eventually add bank info, and if it somehow gets suspended as amazonzombie says, just use a previously suspended bank account #? I'm seeing many a possiblities...
You can't do anything with the reserves. That money is held to pay any potential claims.
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  #16  
Old 02-17-2010
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Quote:
Originally Posted by Road-Kill View Post
You can't do anything with the reserves. That money is held to pay any potential claims.
the money is eventually released.....after 90 days I believe. And as long as you ship your items, why would you have claims?

Don't you need to add a bank account to Amazon in order to sell in the first place?
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Old 02-17-2010
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No you can add bank account later, all you need is a phone and a giftcard to start selling
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Quote:
Originally Posted by First Edition View Post
the money is eventually released.....after 90 days I believe. And as long as you ship your items, why would you have claims?

Don't you need to add a bank account to Amazon in order to sell in the first place?

You can't " make purchases on amazon from my reserves".

After 90 days you can withdraw it. During the 90 days buyers can return items for refunds, file A-Z claims and file chargebacks. It seems when Amazon suspends a account and is holding your money, they are more likely to stick it to the seller with A-Z claims etc...
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  #19  
Old 02-18-2010
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Amazon live on your money withing 90 days ))
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  #20  
Old 02-19-2010
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Yes you can use money in your reserve to make puchases directly from amazon.

As long as your account is not suspended.

Lets say you sell $200.00 worth of stuff, you confirm the orders.

Within a few hours, they confirm them and add the funds to your account.

Right now you have two options, either click the request disbursement button and send the funds to the bank account.

Or option B, you can use those funds to make purchases off of amazon, and it will just subtract the amount of your purchase from your reserve.
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  #21  
Old 02-19-2010
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That is what I meant. I do so know you can't use reserves if account is suspended but I didn't know you could make purchases from amazon when account is in good standings.


Quote:
Originally Posted by unfortuantemistake View Post
Yes you can use money in your reserve to make puchases directly from amazon.

As long as your account is not suspended.

Lets say you sell $200.00 worth of stuff, you confirm the orders.

Within a few hours, they confirm them and add the funds to your account.

Right now you have two options, either click the request disbursement button and send the funds to the bank account.

Or option B, you can use those funds to make purchases off of amazon, and it will just subtract the amount of your purchase from your reserve.
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  #22  
Old 02-20-2010
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Quote:
Originally Posted by unfortuantemistake View Post
Yes you can use money in your reserve to make puchases directly from amazon.

As long as your account is not suspended.

Lets say you sell $200.00 worth of stuff, you confirm the orders.

Within a few hours, they confirm them and add the funds to your account.

Right now you have two options, either click the request disbursement button and send the funds to the bank account.

Or option B, you can use those funds to make purchases off of amazon, and it will just subtract the amount of your purchase from your reserve.



Please, please correct me if I'm wrong here. But if you don't add a a bank account, and you choose to keep the money in your amazon account, don't you have to pass a credit check?
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