Does Amazon hold on to funds indefinately
My account has been suspended for nearly 160 days.
Seller performance initially informed me that the funds will be held for 90 days. Around 1 month ago they said they will release them on 22nd Jan. I emailled them however I got no response.
Can anyone help me?
11 replies
Seller_2BrPSydGy6oyq
Normally they hold funds for 90 days, if they confirmed a release date for your funds, then it would appear they have no reason to withhold unless suspected fraud, or money laundering was involved.
Given they have exceeded 3 months, then you need to make a formal complaint to Amazon MD’s office, a normal letter by post (signed for) may receive more attention and offer 14 days to resolve…or, you either take it to small claims court, or contact FCA (Financial Services Ombudsman) as Amazon being now a financial service are regulated by the FCA and offer a free service if they take up your case.
As I pointed out, unless your activities (suspension) was related to illegal activities, fake goods etc., then it’s your cash they are illegally holding beyond 90 days (as per seller agreement).
Seller_lvc1scfq0rH8Y
In the good old days it was rarely longer than 90 days whereas now it’s almost always longer than 90 days, sometimes indefinitely. Read into that what you will…
Seller_BfW68a3Fn4VB9
Some customers complained that the goods were counterfeit. I am sure that the goods were not counterfeit as I purchased them from a large UK distributor.
I failed Amazon’s verification process in regards to activating my payments account.
Seller_mBENc0rmDmw5W
So which authority is regulating Amazon Payments, then?
Does Amazon hold on to funds indefinately
My account has been suspended for nearly 160 days.
Seller performance initially informed me that the funds will be held for 90 days. Around 1 month ago they said they will release them on 22nd Jan. I emailled them however I got no response.
Can anyone help me?
Does Amazon hold on to funds indefinately
My account has been suspended for nearly 160 days.
Seller performance initially informed me that the funds will be held for 90 days. Around 1 month ago they said they will release them on 22nd Jan. I emailled them however I got no response.
Can anyone help me?
11 replies
11 replies
Seller_2BrPSydGy6oyq
Normally they hold funds for 90 days, if they confirmed a release date for your funds, then it would appear they have no reason to withhold unless suspected fraud, or money laundering was involved.
Given they have exceeded 3 months, then you need to make a formal complaint to Amazon MD’s office, a normal letter by post (signed for) may receive more attention and offer 14 days to resolve…or, you either take it to small claims court, or contact FCA (Financial Services Ombudsman) as Amazon being now a financial service are regulated by the FCA and offer a free service if they take up your case.
As I pointed out, unless your activities (suspension) was related to illegal activities, fake goods etc., then it’s your cash they are illegally holding beyond 90 days (as per seller agreement).
Seller_lvc1scfq0rH8Y
In the good old days it was rarely longer than 90 days whereas now it’s almost always longer than 90 days, sometimes indefinitely. Read into that what you will…
Seller_BfW68a3Fn4VB9
Some customers complained that the goods were counterfeit. I am sure that the goods were not counterfeit as I purchased them from a large UK distributor.
I failed Amazon’s verification process in regards to activating my payments account.
Seller_mBENc0rmDmw5W
So which authority is regulating Amazon Payments, then?
Seller_2BrPSydGy6oyq
Normally they hold funds for 90 days, if they confirmed a release date for your funds, then it would appear they have no reason to withhold unless suspected fraud, or money laundering was involved.
Given they have exceeded 3 months, then you need to make a formal complaint to Amazon MD’s office, a normal letter by post (signed for) may receive more attention and offer 14 days to resolve…or, you either take it to small claims court, or contact FCA (Financial Services Ombudsman) as Amazon being now a financial service are regulated by the FCA and offer a free service if they take up your case.
As I pointed out, unless your activities (suspension) was related to illegal activities, fake goods etc., then it’s your cash they are illegally holding beyond 90 days (as per seller agreement).
Seller_2BrPSydGy6oyq
Normally they hold funds for 90 days, if they confirmed a release date for your funds, then it would appear they have no reason to withhold unless suspected fraud, or money laundering was involved.
Given they have exceeded 3 months, then you need to make a formal complaint to Amazon MD’s office, a normal letter by post (signed for) may receive more attention and offer 14 days to resolve…or, you either take it to small claims court, or contact FCA (Financial Services Ombudsman) as Amazon being now a financial service are regulated by the FCA and offer a free service if they take up your case.
As I pointed out, unless your activities (suspension) was related to illegal activities, fake goods etc., then it’s your cash they are illegally holding beyond 90 days (as per seller agreement).
Seller_lvc1scfq0rH8Y
In the good old days it was rarely longer than 90 days whereas now it’s almost always longer than 90 days, sometimes indefinitely. Read into that what you will…
Seller_lvc1scfq0rH8Y
In the good old days it was rarely longer than 90 days whereas now it’s almost always longer than 90 days, sometimes indefinitely. Read into that what you will…
Seller_BfW68a3Fn4VB9
Some customers complained that the goods were counterfeit. I am sure that the goods were not counterfeit as I purchased them from a large UK distributor.
I failed Amazon’s verification process in regards to activating my payments account.
Seller_BfW68a3Fn4VB9
Some customers complained that the goods were counterfeit. I am sure that the goods were not counterfeit as I purchased them from a large UK distributor.
I failed Amazon’s verification process in regards to activating my payments account.
Seller_mBENc0rmDmw5W
So which authority is regulating Amazon Payments, then?
Seller_mBENc0rmDmw5W
So which authority is regulating Amazon Payments, then?
