Ok, got a response from Amazon customer support, does this mean I should send or not? Is the money from new sales like invisible or something? It's not like Paypal where it shows pending balance? Thanks. Here's the email:
Dear Seller,
Thank you for contacting us.
From your email, I understand your concern about the payment for the sold item.
Please be informed that Generally, Amazon first settles your account balance 21 days after you register your seller account, meaning that Amazon will either initiate a payment to your bank account or charge your credit card on your settlement date. Subsequently, the settlement process repeats every 7 days.
On the Individual selling plan, you have a 7-day settlement period, but you are also subject to a 14-day reserve. This means that the money you make from a sale is reserved by Amazon for 14 days from the date the order was confirmed as shipped. Once the 14-day reserve has passed for an order, money from that order will be paid to you on your next settlement date, as long as you have a positive account balance.
For example, if you sell an item on January 1, the money from the sale will be reserved until January 15, and then payment will be initiated on your next settlement date. Please note that any fees or refunds charged to your account during the settlement period may reduce the net amount paid to you.
To receive payment, you must have the following:
- A positive seller account balance. This means that the amount of money you made from sales is greater than the amount of fees and refunds you incurred during a settlement period. You need to have a minimum of $1 in your seller account to receive payment.
- Valid bank account information in your seller account.
- Valid credit card information in your seller account.
I've also checked and see that you've not provided a valid bank account information on your account, I suggest you to update bank account information.
Further to your email regarding account review email that you received.
Please be informed that It is standard procedure for Amazon to review new selling accounts. You should receive further information within four hours of registering. If this does not happen, please write to
seller-performance@amazon.com. The Amazon team who handles new seller registrations will be able to help you.
You can also click on Appeal decision to contact our performance team.
If you have any further questions or concerns regarding this, please feel free to contact us anytime and we will be more than happy to assist you at the earliest.
You're understanding and co-operation on this concern is appreciated.
Have a great day!