Re: Amazon payment reversal: large amount of funds

[MICKY H]

Originally Posted by Superme1122

The payment finally came through, an email was also sent stating that the bank account information was deleted on your seller account, and that they need anew bank account information; account number, routing ..etc, for the funds to be disbursed on my next scheduled date.
Now my question, since this is a stealth account that got linked to my main account I presume, should I now give them my real Bank account holder name and account number ? or might I risk it being deleted if I do that. Or should I enter the same stealth information like I did the first time ?

I appreciate all your help so far guys.

Use the same info, I had a similar experience recently asking to add bank details as there was no bank details in the account. Went to add bank account again and in the drop down box was the original bank account. Added this and funds came through. This was amazon.com.

[Superme1122]

Originally Posted by MICKY H

Use the same info, I had a similar experience recently asking to add bank details as there was no bank details in the account. Went to add bank account again and in the drop down box was the original bank account. Added this and funds came through. This was amazon.com.

Ok ill add the same exact info, I don't know why they deleted the original information. Did this happen to you exactly the same way it did to me ?

[MICKY H]

Originally Posted by Superme1122

Ok ill add the same exact info, I don't know why they deleted the original information. Did this happen to you exactly the same way it did to me ?

Yes I got an email requesting I add bank details when I had added them previously. Checked the account and the bank info was missing. Went to add bank account and there was a drop down box with the deleted bank details. Just reapplied these and the money came through. Just a little strange I thought at the time.

[Superme1122]

Originally Posted by MICKY H

Yes I got an email requesting I add bank details when I had added them previously. Checked the account and the bank info was missing. Went to add bank account and there was a drop down box with the deleted bank details. Just reapplied these and the money came through. Just a little strange I thought at the time.

I checked and I had the same thing with the drop box, ill update this thread if anything new happened.

[Kelly441]

Did you actually receive the deposit on this account and then it was taken out?

[kockedoff]

I think it was it did not made it to the bank correct op?

[Superme1122]

Originally Posted by Kelly441

Did you actually receive the deposit on this account and then it was taken out?

Yes, it made it to the bank account then it was taken out 1 day after my suspension.

[kev59]

Hey all the info you have been given is absolutely correct.....you must check in on the threads to keep up with NEW updates from fellow Amazon sellers. As I wish I did or I would have known that they are practicing "Reversals" now and very heavily I may add. Been with them 4 over 10 years now and this has just started. ....

But as far as listing against category pages you should be able to Appeal that. I have so many times it startles me.

To close I want to tell you what I did...Amazon reversed 21K almost 14 days after they dropped it someone filed Az Claim two to be exact back to back so the Arseholes got Nervous and boom REVERSED the funds. Well I called my Bank and complained that they violated my account. The banker representative asked me for proof that all the items were delivered. I compiled a everything receipts and all. They put the funds vack but it took 3 business days. Needless to say I went within minutes and got it all out on the advice of the bank as well and told them that Amazon steals like this all the time from innocent sellers. Hope this helps but it was a lesson well learned. Always stay one step ahead of those Buzzards!!

[Superme1122]

Originally Posted by kev59

Hey all the info you have been given is absolutely correct.....you must check in on the threads to keep up with NEW updates from fellow Amazon sellers. As I wish I did or I would have known that they are practicing "Reversals" now and very heavily I may add. Been with them 4 over 10 years now and this has just started. ....

But as far as listing against category pages you should be able to Appeal that. I have so many times it startles me.

To close I want to tell you what I did...Amazon reversed 21K almost 14 days after they dropped it someone filed Az Claim two to be exact back to back so the Arseholes got Nervous and boom REVERSED the funds. Well I called my Bank and complained that they violated my account. The banker representative asked me for proof that all the items were delivered. I compiled a everything receipts and all. They put the funds vack but it took 3 business days. Needless to say I went within minutes and got it all out on the advice of the bank as well and told them that Amazon steals like this all the time from innocent sellers. Hope this helps but it was a lesson well learned. Always stay one step ahead of those Buzzards!!

Thank you for sharing with us, but for me I think Im just going to wait for the 90 days suspension to wear off and get my funds after. Since this is a stealth account I am worried to rock the boat with it.

[kev59]

I totally understand. But remember its a stealth account yeah but tax wise that is your business under your real name and you pay taxes on all those funds regardless. So its your money point blank and period. My reversal happened in Jan towards the end of this 2013 tax year. So I downloaded my tax form and do know that 21K was undoubtedly added even though they reversed it?

So they expect us to still pay taxes on it regardless of whether they hold it for 90 days or 365 it will be on that 1040 form. And you know what else....I don't know if anyone else has experienced this but I used a stealth account that required tax id that I only made 300 or so on. It was suspended. Welll started a new stealth with the same tax id and when I downloaded my tax form this year.......they put that 300 from the suspended account on the tax form as well. So I did not know they did this?? I thought cuz I only made $300 and the account was suspended that 300 wasn't taxable but I guess if you are making taxable funds on another account any funds from a deleted account mysteriously finds it way to your new stealth account.

[Techd]

My account was just suspended. I had 12000 transfered to my bank last week on the 19th, did not hit my account until end of week. It is a chase business checking, transaction is not pending anymore. i have like $200 in the account now, but have about 4000 from paypal coming in. Do you think they are going to try and reverse this from a week ago. I also have around $900 in amazon from sales.