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Old 05-02-2012
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Default Lost on this amazon 21 day hold

I'm lost on this hold can someone explain? If they hold funds for 21 days and i make sales in this period lets say I make 200 1 week 200 next week then 200 by the 21 held day . What will I see as a disbursement. I'm guessing 400.00 but it is always like 150 160. I confirm and ship the next day so I'm lost. how are they figuring this out. It says for new sellers accounts funds are held in reserve for 14 days from registration day.

when I click on how do i get paid it reads

amazon holds an amount equal to the total payment of orders that you confirmed as shipped in the 14 days prior to disbursement. any funds that are excess of held amounts will be available for disbursement.

so it seems like the 1st 14 days i will not see those funds the next 14 days i will only see the amount confirmed 14 days prior to the disburse date.

In essence They are holding back from me 400 bucks. Am I correct?
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Old 05-02-2012
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My pro-merchant account is 3 months old, and since first day they hold my funds for 14 days, and then disburse all my funds(including last hour funds) to my bank account,

Have a look at this page to check their reserve policy,

https://payments.amazon.com/sdui/sdu...Reserve-Policy


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Old 05-03-2012
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Maybe I should try a merchant account and see how it goes??
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Old 05-03-2012
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Old 05-03-2012
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Quote:
Originally Posted by alwaystrying View Post
I'm lost on this hold can someone explain? If they hold funds for 21 days and i make sales in this period lets say I make 200 1 .............seems like the 1st 14 days i will not see those funds the next 14 days i will only see the amount confirmed 14 days prior to the disburse date,,,,,,,,,,,,,,,,,,

In Theory you are correct,,,,,,but if your account goes under "Review" (Which it most likely will) in this time period they freeze all funds until the review is over and you PASS,,then the "Clock" starts again towards the next disbursement date,,,,,So do NOT count on your money anytime soon,,,
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Old 05-04-2012
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Went into my payments summery and it is showing more money than initaly ( settlement amount).I do not know how they figure this.I added up the figures but
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