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-   -   Funds transfer and account review (https://www.aspkin.com/forums/amazon/70650-funds-transfer-account-review.html)

AmaStealth 02-25-2014 08:24 AM

Re: Funds transfer and account review
 
Update.. Money disbursed to my bank account. It shows the little box with the amount below the balance. This means the money will go through, or will it still be reversed?

TonyAlmeida 02-25-2014 11:10 AM

Re: Funds transfer and account review
 
Quote:

Originally Posted by AmaStealth (Post 531962)
Update.. Money disbursed to my bank account. It shows the little box with the amount below the balance. This means the money will go through, or will it still be reversed?

Congrats. I think you are good.

MICKY H 02-25-2014 11:33 AM

Re: Funds transfer and account review
 
You should be OK, your account is only in review, not suspended. Let us know when it arrives. Amazon can always recall funds from your bank, but highly unlikely. Is your account still open?

barrycruan 02-25-2014 01:56 PM

Re: Funds transfer and account review
 
Amazon cant recall funds from your bank.

a.v.limited 02-25-2014 02:00 PM

Re: Funds transfer and account review
 
they can try from your credit card but I haven't heard them trying to recall from a bank


Quote:

Originally Posted by barrycruan (Post 532112)
Amazon cant recall funds from your bank.


barrycruan 02-25-2014 02:01 PM

Re: Funds transfer and account review
 
Yes, they can and do try to charge a credit card. I didnt think id need to add the obvious

But once a payment has been credited and in is in the bank there is no way to reverse it.

a.v.limited 02-25-2014 02:09 PM

Re: Funds transfer and account review
 
as much info as possible :-)

AmaStealth 02-25-2014 02:56 PM

Re: Funds transfer and account review
 
Quote:

Originally Posted by MICKY H (Post 532041)
You should be OK, your account is only in review, not suspended. Let us know when it arrives. Amazon can always recall funds from your bank, but highly unlikely. Is your account still open?

Yes, account is still open, but the money hasn't hit the bank yet. It's just a box that says it was transferred.

MICKY H 02-25-2014 03:02 PM

Re: Funds transfer and account review
 
Quote:

Originally Posted by barrycruan (Post 532112)
Amazon cant recall funds from your bank.

A BACS can be recalled up to noon the day its credited to your bank.

a.v.limited 02-25-2014 03:12 PM

Re: Funds transfer and account review
 
not true at all

do you even use amazon ?? have you experienced what you are saying ?? because with over 100 accounts this has never happened


Quote:

Originally Posted by MICKY H (Post 532140)
A BACS can be recalled up to noon the day its credited to your bank.


AmaStealth 02-25-2014 04:10 PM

Re: Funds transfer and account review
 
Quote:

Originally Posted by MICKY H (Post 532140)
A BACS can be recalled up to noon the day its credited to your bank.

I can't vouch for this 100% because I have had accounts close two days after transfer and the money cleared.. But I have also had accounts close on me after transfer and the money never arrived.. It's a crap shoot honestly.

matt20 02-25-2014 06:13 PM

Re: Funds transfer and account review
 
hope you get the money AmaStealth!

You guys are kind of freaking me out with all the talk of banned accounts though.

100 of them? Is amazon really that brutal? lol

a.v.limited 02-25-2014 06:20 PM

Re: Funds transfer and account review
 
over a very long period of time, far bigger sellers than me get closed down and amazon / ebay rarely even flinch

obviously they make too much cash

AmaStealth 02-25-2014 06:27 PM

Re: Funds transfer and account review
 
Quote:

Originally Posted by matt20 (Post 532215)
hope you get the money AmaStealth!

You guys are kind of freaking me out with all the talk of banned accounts though.

100 of them? Is amazon really that brutal? lol

Thanks! Yeah, I've had about 70 accounts get deleted.

kockedoff 02-25-2014 06:27 PM

Re: Funds transfer and account review
 
Quote:

Originally Posted by a.v.limited (Post 532219)
over a very long period of time, far bigger sellers than me get closed down and amazon / ebay rarely even flinch

obviously they make too much cash

So you have 100 bank accounts ?

a.v.limited 02-25-2014 06:30 PM

Re: Funds transfer and account review
 
I said over time, cannot divulge certain things on here im afraid

Quote:

Originally Posted by kockedoff (Post 532221)
So you have 100 bank accounts ?


matt20 02-25-2014 06:42 PM

Re: Funds transfer and account review
 
Quote:

Originally Posted by AmaStealth (Post 532220)
Thanks! Yeah, I've had about 70 accounts get deleted.

Wow, is it from getting linked? Or high risk items? Or just that they're mean?

And when the accounts get deleted, do you still get the money after the 90 days?

rsot 02-25-2014 09:04 PM

Re: Funds transfer and account review
 
@OP, report back in 48 hours what has happened please.

MICKY H 02-25-2014 09:05 PM

Re: Funds transfer and account review
 
Quote:

Originally Posted by a.v.limited (Post 532145)
not true at all

do you even use amazon ?? have you experienced what you are saying ?? because with over 100 accounts this has never happened

Who says it has happened, I am telling you the rules BACS system. Google and you will see. And yes I was one of the original marketplace sellers on amazon many many years ago.

AmaStealth 02-25-2014 10:33 PM

Re: Funds transfer and account review
 
Quote:

Originally Posted by matt20 (Post 532229)
Wow, is it from getting linked? Or high risk items? Or just that they're mean?

And when the accounts get deleted, do you still get the money after the 90 days?

Never was it because of linkage. It's normally because of a high risk item being sold and the robots are "just now" getting to that account.

No, the money is gone forever. I just move on..

a.v.limited 02-26-2014 04:37 AM

Re: Funds transfer and account review
 
Well rules for amazon payments is now different then

Our experiences are from last couple of weeks

Quote:

Originally Posted by MICKY H (Post 532256)
Who says it has happened, I am telling you the rules BACS system. Google and you will see. And yes I was one of the original marketplace sellers on amazon many many years ago.


AmaStealth 02-26-2014 05:04 AM

Re: Funds transfer and account review
 
*UPDATE* Money "CLEARED" this morning at 4 am! If your merchant account goes under review the same day as a transfer, the money WILL GO THROUGH AND CLEAR, CONFIRMED.


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