Amazon withholding funds advice thread

Many years ago I lost my selling account but after 90 days I was able to get my funds back, however I am aware that other have faced the same issues and there are numerous on this forum. Amazon will hold onto your funds for legal reasons within their own policy, many of these reasons are for the protection of the brands and Amazon themselves. However there is a semi complex solution to getting your money back, firstly get them to confirm they will send your money back. They will do this by email and it's pretty much automated. After 60 days give them a further 7-30 days to make payment and confirm that your deposit method is active and verified.

Then you will need to do go to moneyclaim, you can google this yourself. Sign up with government gateway credentials and open a small claims case against 'Amazon UK Services Ltd' it has to be this company and nothing different. You will have to pay a fee based on how much you are owed (you get this back from Amazon) and then you charge the 8% daily interest from the last scheduled payout date to the day you open the claim.

For example £1000 owed on 19th of January to 90 days later would be £1,019.72, this can be worked out in 3 steps

£1000/0.08 = £80

£80/365 = £0.21917808219

£0.21917808219x90days = £19.72 (imagine you are owed 2 years worth of just £1000 then they owe you £160)

Your steps are to gather evidence, open the claim and await their response. If they have told you they are sending the funds it would be hard to argue that in court, chances are it won't go to court.