What happens with insufficient funds in bank account when ebay withdraws under MP? - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > eBay Discussion! > eBay Managed Payments

eBay Managed Payments Discussions related to eBay Managed Payments

Reply
 
Thread Tools
  #1  
Old 08-14-2021
Junior Member
 
Join Date: Jul 2011
Posts: 13
Thanks: 3
Thanked 3 Times in 1 Post
Activity: 0%
Longevity: 74%
iTrader: (0)
Default What happens with insufficient funds in bank account when ebay withdraws under MP?

Under managed payments, if ebay attempts withdraw for losing a case, or fees at the end of the month, and there are insufficient funds, do they automatically remove the bank account? Do they give another due date? or halt your ability to list until you pay?

If this happens, I dont want to go through the headache of setting up another bank
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 08-14-2021
Executive [VIP]
 
Join Date: Jun 2014
Posts: 1,762
Thanks: 212
Thanked 702 Times in 508 Posts
Activity: 0%
Longevity: 57%
iTrader: (0)
Default Re: What happens with insufficient funds in bank account when ebay withdraws under MP

They already take fees in advance.
I've never been there, but I don't suppose they'd remove the bank account. It's so resource-intensive to have thousands of removal and re-additions every month.

It'd be easier to try to collect the funds at a later date or eventually take it from your incoming funds - unless you've been suspended and cases keep coming in.
In that case, I'll expect your credit file to get dinged after a while if you don't remit to eBay. They'd possibly follow the same process as they did before MP.
Reply With Quote
The Following User Says Thank You to Pandoras_box For This Useful Post:
bricksquad (08-14-2021)
  #3  
Old 08-14-2021
Senior Member
 
Join Date: Apr 2016
Posts: 2,816
Thanks: 2
Thanked 551 Times in 451 Posts
Activity: 88%
Longevity: 46%
iTrader: (0)
Default Re: What happens with insufficient funds in bank account when ebay withdraws under MP

in this case your payouts will be put on hold until you pay the debt
Reply With Quote
The Following User Says Thank You to murdered_by_ebay For This Useful Post:
bricksquad (08-14-2021)
  #4  
Old 08-14-2021
Senior Member
 
Join Date: Mar 2017
Posts: 743
Thanks: 472
Thanked 50 Times in 44 Posts
Activity: 0%
Longevity: 41%
iTrader: (0)
Default Re: What happens with insufficient funds in bank account when ebay withdraws under MP

Quote:
Originally Posted by bricksquad View Post
Under managed payments, if ebay attempts withdraw for losing a case, or fees at the end of the month, and there are insufficient funds, do they automatically remove the bank account? Do they give another due date? or halt your ability to list until you pay?

If this happens, I dont want to go through the headache of setting up another bank
Not familiar with US accounts. But this happened with a BG/EU account :

1) Email received that the amount will be deducted from the bank account. The bank doesn't support direct debit (better ask your bank for this).

2) Email received that the bank deduction failed and they will take the fees from future payouts.
Reply With Quote
The Following User Says Thank You to Aguero For This Useful Post:
bricksquad (08-14-2021)
  #5  
Old 08-14-2021
agent006140's Avatar
Senior Member
 
Join Date: Jul 2018
Posts: 12,213
Thanks: 1,657
Thanked 1,109 Times in 1,045 Posts
Activity: 91%
Longevity: 33%
iTrader: (0)
Default Re: What happens with insufficient funds in bank account when ebay withdraws under MP

does your bank charge a NSF fee when MP tries to debit your bank account?
Reply With Quote
  #6  
Old 08-14-2021
Executive [VIP]
 
Join Date: Jun 2014
Posts: 1,762
Thanks: 212
Thanked 702 Times in 508 Posts
Activity: 0%
Longevity: 57%
iTrader: (0)
Default Re: What happens with insufficient funds in bank account when ebay withdraws under MP

Quote:
Originally Posted by agent006140 View Post
does your bank charge a NSF fee when MP tries to debit your bank account?
I think that differs from bank to bank.
Reply With Quote
  #7  
Old 08-14-2021
Junior Member
Threadstarter  
 
Join Date: Jul 2011
Posts: 13
Thanks: 3
Thanked 3 Times in 1 Post
Activity: 0%
Longevity: 74%
iTrader: (0)
Default Re: What happens with insufficient funds in bank account when ebay withdraws under MP

Thanks. In a kinda, sorta, roundabout way this might be better cause if you win an appeal, they would just have to not take the money, rather than with waiting for a refund from ebay through paypal.

It was always a NIGHTMARE to get funds from FeeBay (for whatever reason) even though they always managed to grab it in 2 seconds if you owe. It always took MULTIPLE phone calls, asking for different departments, being given the runaround, told excuses and lies, then the money might show up in 3 or 4 weeks ..
Reply With Quote
Reply




Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Refund Bank Reversal Insufficient Funds katoe PayPal Talk 2 12-30-2017 03:57 AM
Insufficient funds in PayPal for eBay fees ceebee UK eBay & Paypal 2 12-03-2014 09:57 AM
PayPal reversal - insufficient funds in my account mcmx PayPal Talk 3 07-23-2013 05:12 PM
Insufficient Funds in Bank to pay eBay Fees.... - Help! johnnyleeds UK PayPal Talk 4 05-26-2011 02:10 PM
Reversal: Insufficient Funds in Bank Account kirkie UK PayPal Talk 3 09-21-2010 01:50 PM


Aspkin Group

All times are GMT -5. The time now is 11:01 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58