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Old 11-26-2015
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Default Deposit Method Missing - Scheduled Transfer Date Tomorrow/ Subs Fee Payment Dilemma

Hello folks,

The scheduled transfer date is tomorrow in one of my stealth Amazon accounts. I want to keep these funds with Amazon to pay Pro subscription fee. I have the bank account ready but don't want to enter the details as Amazon will then transfer all the funds leaving me with no option to clear the payment.

Please advise if I should enter the bank details today and let Amazon transfer all the funds. But then again, how would I be able to pay the subscription fee??
.. and if I don't provide bank details today, will it raise a red flag at Amazon's end??

Your swift response would be highly appreciated. Many thanks

Regards,
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Default Re: Deposit Method Missing - Scheduled Transfer Date Tomorrow/ Subs Fee Payment Dilem

When you add a bank account Amazon holds the money for 3 days before finishing settlement ( dont remember if they freeze the amount though) .

If you have no funds, credit card will be billed for Pro subs..

If you are pro and making sales, use the money from the new sales. Otherwise just cancel the subscription and you won't need to pay.

AZ will clap to be able to keep your funds for another week.
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laclassy (11-27-2015)
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Default Re: Deposit Method Missing - Scheduled Transfer Date Tomorrow/ Subs Fee Payment Dilem

As said, your funds are held for 3 days when you add/change a bank account.

All seller fees are deducted from sales, if zero sales they charge your credit card on file.

If you have no sales after your next disbursement why are you enrolled as pro merchant.
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laclassy (11-27-2015)
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Default Re: Deposit Method Missing - Scheduled Transfer Date Tomorrow/ Subs Fee Payment Dilem

Hi laclassy,

Thanks for asking this question. I also have the same doubts as you.
I just want to make sure I have sufficient amount to pay for the PRO fees.
I know I would have sales steadily coming in, but would this scenario a possibility to be happening?

Amazon disburse all fund to my bank account, left with $0 now, then the next day Amazon charge for the PRO account. The disburse payment is bi-weekly, Amazon will just deduct the PRO fees before disbursement right? I just don't with that Amazon charge right after disbursement, if that's the case, I will be in big trouble as the VCC is not able to do the trick on this.

Thanks.
William
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laclassy (11-27-2015)
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Default Re: Deposit Method Missing - Scheduled Transfer Date Tomorrow/ Subs Fee Payment Dilem

Your pro fees will come out of your next disbursement, amazon won't charge your credit card for seller fees in-between disbursement dates.
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Old 11-27-2015
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Default Re: Deposit Method Missing - Scheduled Transfer Date Tomorrow/ Subs Fee Payment Dilem

Quote:
Originally Posted by Taking The Micky View Post
Your pro fees will come out of your next disbursement, amazon won't charge your credit card for seller fees in-between disbursement dates.
That would resolve everything Just to make sure..
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Default Re: Deposit Method Missing - Scheduled Transfer Date Tomorrow/ Subs Fee Payment Dilem

Thank you very much for your replies and advice.

In effect, I do have funds that will be transferred today by Amazon, but again as wooncc said what if Amazon charges the very next day when I do not have enough sales to cover the Pro fees/ charges.

But I think, as Taking The Micky advised, Amazon won't charge to CC on file clarifies and resolves the issue. Of course the VCC on file can't stand to any charges/ transactions should Amazon attempt to ..

Many thanks again, great help as ever.
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