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Old 10-26-2004, 04:59 AM   #1 (permalink)
Junkie
 
Location: Pa, USA
Amazon Marketplace related question..

For those of you that sell on Amazon's Marketplace, I have a question I was hoping you could answer for me.

As you sell items, Amazon deposits the earnings into an account that is transferred into your (the seller's) checking account every two weeks.

There is an option to "Transfer Funds to Bank Account Now," and I was just wondering if choosing this option came with any added fees or penalties?

IE, do they make you pay a little more for being impatient, or can you transfer the funds over to your bank account instantly without penalty?

Thanks!
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Grondar is offline  
Old 10-31-2004, 12:10 PM   #2 (permalink)
follower of the child's crusade?
 
Quote:
Originally Posted by Grondar
For those of you that sell on Amazon's Marketplace, I have a question I was hoping you could answer for me.

As you sell items, Amazon deposits the earnings into an account that is transferred into your (the seller's) checking account every two weeks.

There is an option to "Transfer Funds to Bank Account Now," and I was just wondering if choosing this option came with any added fees or penalties?

IE, do they make you pay a little more for being impatient, or can you transfer the funds over to your bank account instantly without penalty?

Thanks!
I have sold on Amazon for about a year and have used the "pay me now" a few times when I had more than 200 USD to transfer more than a week away from the set time, and I didnt incur any fee's when I did it. I think they might charge a small fee if the transfer amount is below a cerain point, but Ive never hit that value. I am pretty sure if you hit the transfer now link it will warn you of any potential extra fee and give you a chance to back out before it actions it.
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