| | | humungouswhat | 07-04-2023 07:59 PM | temporary funds reserve what is this hi guys/gals
i have created acc 6 month ago and started aelling 4 or 5 days ago ... b4 yesterday sold 1 prod , yesterday 3 and got a message sayingthat my funds were on reserve bla bla ...
i did not understand exactlywhat that means ..
in my panel funds reserve says 0 i dont understand what is it for ...
currently i am waiting for bank deposits so i dont have balance to transfer ...
after i input deposits i should have 130 euros to withdrawal ..
whith this reserve thing it means i will receive funds in 90 days ?
how this impact my account and funds i should receive?
if someone can help me to understand what is this, how it is triggered and how it affects my furure payments to my bank please ?!
if i sell other products what happend ? should i take any special care ?
thank a lot for helping |
| degsey69 | 07-07-2023 05:17 PM | Re: temporary funds reserve what is this When you first start selling they will place a hold on the funds for about 14 days, this enables the buyer to receive the item and report any issues, after 14 days they consider it safe to pay you.
Ignore Yobar he is an idiot who uses ChatGBT and spouts useless information that is generally inaccurate or a cut and paste from eBays Q&A which you can lookup anyway. |
| agent006140 | 07-09-2023 08:41 AM | Re: temporary funds reserve what is this He is selling on Etsy,not Ebay |
Re: temporary funds reserve what is this what category of products are you selling OP? |
| Pedroalva | 07-10-2023 10:01 AM | Re: temporary funds reserve what is this Quote:
Originally Posted by humungouswhat
(Post 1220920)
hi guys/gals
i have created acc 6 month ago and started aelling 4 or 5 days ago ... b4 yesterday sold 1 prod , yesterday 3 and got a message sayingthat my funds were on reserve bla bla ...
i did not understand exactlywhat that means ..
in my panel funds reserve says 0 i dont understand what is it for ...
currently i am waiting for bank deposits so i dont have balance to transfer ...
after i input deposits i should have 130 euros to withdrawal ..
whith this reserve thing it means i will receive funds in 90 days ?
how this impact my account and funds i should receive?
if someone can help me to understand what is this, how it is triggered and how it affects my furure payments to my bank please ?!
if i sell other products what happend ? should i take any special care ?
thank a lot for helping | There are periods when they reserve funds
They release also when the tracking added show delivered |
| humungouswhat | 07-10-2023 01:39 PM | Re: temporary funds reserve what is this Quote:
Originally Posted by Pedroalva
(Post 1221438)
There are periods when they reserve funds
They release also when the tracking added show delivered | this is digital product ... how does it work ? i deliver item in message |
| humungouswhat | 07-18-2023 09:54 PM | Re: temporary funds reserve what is this someone knows how to avoid this i burn that acc starting a new one but want to avoid this old . is it possible or all new accounts get this hold ?
thanks |
| henryfalmore | 07-18-2023 11:13 PM | Re: temporary funds reserve what is this Quote:
Originally Posted by degsey69
(Post 1221224)
When you first start selling they will place a hold on the funds for about 14 days, this enables the buyer to receive the item and report any issues, after 14 days they consider it safe to pay you.
Ignore Yobar he is an idiot who uses ChatGBT and spouts useless information that is generally inaccurate or a cut and paste from eBays Q&A which you can lookup anyway. | 15 days* for me |
| humungouswhat | 07-23-2023 08:06 PM | Re: temporary funds reserve what is this this is not about ebay is etsy account ! |
| JamesNorth101 | 07-24-2023 01:00 AM | Re: temporary funds reserve what is this Quote:
Originally Posted by humungouswhat
(Post 1222102)
someone knows how to avoid this i burn that acc starting a new one but want to avoid this old . is it possible or all new accounts get this hold ?
thanks | They will get it by default
Just start selling slowly at first. It will drop off after a bit of time |
| humungouswhat | 07-31-2023 07:14 AM | Re: temporary funds reserve what is this Quote:
Originally Posted by JamesNorth101
(Post 1222349)
They will get it by default
Just start selling slowly at first. It will drop off after a bit of time | so all acounts will get this hold correct no mather what ? |
| humungouswhat | 07-31-2023 07:15 AM | Re: temporary funds reserve what is this Quote:
Originally Posted by JamesNorth101
(Post 1222349)
They will get it by default
Just start selling slowly at first. It will drop off after a bit of time |
what is bit of time ? how long please ? |
| agent006140 | 07-31-2023 09:33 PM | Re: temporary funds reserve what is this Just read an article on this Etsy reserve,UK sellers who sell handmade furniture ,etc are getting sales proceeds withheld for too long.
see if you can find the article https://www.bbc.com/news/business-66362229 |
Re: temporary funds reserve what is this Quote:
Originally Posted by humungouswhat
(Post 1222806)
so all acounts will get this hold correct no mather what ? | not necessarily - a lot of factors are at play...however, chances are higher that you will get a hold on the accounts so work with that premise |
| agent006140 | 08-01-2023 11:57 AM | Re: temporary funds reserve what is this All sales venues have tightened their policy,no one here can tell you how much and how long Etsy will hold your fund.
Charge back can come within 180 days,read that article I just posted/some have their fund held for 45 days |
| Automasters | 08-01-2023 02:57 PM | Re: temporary funds reserve what is this My Etsy account of over 2 yrs suddenly has a payment reserve now, after a customer opened a dispute, the first and only dispute ever on the account. They are trying to mitigate risk |
| agent006140 | 08-01-2023 07:17 PM | Re: temporary funds reserve what is this Etsy must have suffered some losses,chargeback can come in 6 months and shop is long gone. |
Re: temporary funds reserve what is this Quote:
Originally Posted by Automasters
(Post 1222912)
My Etsy account of over 2 yrs suddenly has a payment reserve now, after a customer opened a dispute, the first and only dispute ever on the account. They are trying to mitigate risk | while that is rough action based on 1 dispute...that does explain the reserve now |
| Pedroalva | 08-14-2023 06:21 AM | Re: temporary funds reserve what is this The payments reserve happen also in temp periodic reviews that etsy make sometime ,when the tracking shows the item is delivered they release the funds |
| agent006140 | 08-14-2023 07:26 AM | Re: temporary funds reserve what is this Quote:
Originally Posted by Automasters
(Post 1222912)
My Etsy account of over 2 yrs suddenly has a payment reserve now, after a customer opened a dispute, the first and only dispute ever on the account. They are trying to mitigate risk | 2 years old is not exactly an old account,selling digital goods with no tracking is the reason/ | | All times are GMT -5. The time now is 11:45 PM. | |
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