Disbursements
Do we have to wait for the 7 days now for when Amazon automatically send your money to the bank because it does not let you send it anymore when it says Funds are available now - Thanks
Disbursements
Do we have to wait for the 7 days now for when Amazon automatically send your money to the bank because it does not let you send it anymore when it says Funds are available now - Thanks
5 replies
Seller_469SU3Aj73sZL
Amazon use the old fashioned BACS batch file system and has not updated to Faster Payments so your money once released take 5-7 days to your account.
EBay is 8am Next morning for sales up to 7pm the previous day (Sat and Suns paid Monday) as "faster Payments" under 2012 UK Banking laws
I don't sell on ONbuy or Etsy but other says these pay Next working day. Amazon are long way behind in this and NOT industry Standard at all.
It would be nice if they made their 2 weekly payment run "Faster Payments" as they had the money long enough and earnt quite a few pennies in Interest at our expense
Seller_ExO2KKCwIDvij
You should still be able to manually disburse every 24 hours. Do you have a "Request Payment" button?
