Remember that classic song from Abba? Money Money Money?
I know from some of the emails I receive that a lot of readers aren’t aware that if you have money in your Amazon account you don’t actually have to wait the full 14 days for it to be released into your bank account.
You can draw it out sooner.
The item has been received, the buyer is happy and the only thing left is to get paid!
So how does this work?
Go to your seller account and click on the payment link.
From here you can review your transactions, see how much you were paid after Amazon fees for all your sales.
You can also view all your current and past statements and you can see what day Amazon are due to release your payment.
Most importantly, if you do not want to wait until that date is due just click on ‘request payment now’.
Amazon will action the payment and send you a confirmation email. It usually takes 6 to 10 business days for your payment to reach your bank account.
I know it sounds obvious but make sure that your bank details are entered correctly otherwise you could encounter delays and a bit of faff receiving your money!
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Amazon isn’t the cats meow for selling inventory from your brick/mortar establishment. As much as I don’t like Paypal, I can get my inventory sold and in the back faster NOT using Amazon . We don’t see funds back into our account for 2 weeks from the date of the sale.
Not a real tenable way of doing business