Pro merchant and 21 day hold??

[alwaystrying]

If you start a new amazon account and directly sign up for pro merchant is there still a 21 day hold on your funds? Has anyone did this recently and how does the funds transfer work. Do you get to manually transfer funds or is it once a week...

[rsot]

Will be good to hear from other folx with experience...

[alwaystrying]

No one is commenting? Must be hiding info..

[MoneyUnlimited]

Originally Posted by alwaystrying

If you start a new amazon account and directly sign up for pro merchant is there still a 21 day hold on your funds? Has anyone did this recently and how does the funds transfer work. Do you get to manually transfer funds or is it once a week...

I have a few pro merchant accts I opened in Dec. All were on the initial 21 day hold. All funds were auto disbursed on schedule. No problems yet. However,after the 21 day holds I expected the disbursements to be every 7 days. That hasn't happened. Instead my settlements dates are for every 14 days. I am confused by this,because the stated policy calls for weekly disbursements or maybe i'm somehow misreading the policy on disbursements for some reason. The other thing is, I've yet to be able to manually disburse on any of my new pro merchant accounts. Not certain why that is. Thats been my experience thus far.

[crafty1]

I think the 7 days disbursements is if you are on the individual plan.

The pro merchant is every 14 days for disbursements and i believe that they have now taken away the manual disbursement button.

And expect them to keep some funds in reserve at some point. the 14 days is annoying but just have to work round it.

I am sure more experienced user will update you with this