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    With holding funds - Nice new scam by Ebay

    After 15 years selling on Ebay they decide to hold funds for two weeks for a sale. 
    As usual, there is no reason but it is a nice little scam for ebay.

    Lining their bank account with funds and getting interest for it before they have to pay you.


    comcol
    comcol
    4761View listings
    Posted 4 years ago·Last reply 2 years ago
                                           
             
    6 comments

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
                   
    kh-jean

    kh-jean

    ·2 years ago
    View listings

    Hi everyone,



    Due to the age of this thread, it has been closed to further replies. Please feel free to start a new thread if you wish to continue to discuss this topic.



    Thank you for understanding.

                                           
    sugar249

    sugar249

    ·4 years ago
    View listings

    You have3nt specified why they are holding your funds, maybe before accusing them on a public forum, give us the full story not just one side of the story

                                           
    enots-29

    enots-29

    ·3 years ago
    View listings

    They don't have to specify why they are holding the funds! They are doing it to everyone. It's a fact, not an accusation. 

                                           
    davewil1964

    davewil1964

    ·3 years ago
    View listings

    Maybe you shouldn't wait 17 months to post your erroneous response.

     

    They are not doing it to everyone. Fact. They are only doing it for new or intermittent sellers or those who can't or won't sign up to Managed Payments. Fact. Something Paypal did for several years prior to Managed Payments. Fact.

                                           
    jaybee211

    jaybee211

    ·2 years ago
    View listings

    I've had an eBay account for about 15 years, I've spent thousands of  $ buying things over the years, Sold a few things as well over the years, First few items I sold funds were on hold as to be expected for a new seller.

    But with a 100% selling record last item i sold funds have been on hold for a week now, Just not good enough.

    I've even purchased a few items in the last week as well, So they know it's not a hijacked account.

    On top of paying a 13.5% selling fee they have the cheek to charge that on the postage to, On $18.25 postage that's an extra  $2.50.

    For a company that makes over 10 billion in profit annually and pays virtually no income tax to the countries it operates in, As all profits are sent overseas to avoid paying tax. Just pathetic.

    All i can say is I've had a gut full of eBays **bleep** policies, Forcing people to give them bank account details

    As soon as my funds are cleared, I'll be closing my account for good, They will never see a cent of money again, Good riddance  to a bunch of scum bags I say.

                                           
    sandypebbles

    sandypebbles

    ·2 years ago
    View listings

    You agreed to the policy re holds when you listed

     

    Regardless if you thought it should for some reason exclude you, it doesn't

     

    You show having no feedback at all on this account

     

    So if the account you sold on is the same, there is absolutely no reason to expect or get special treatment

     

    And you have another 3 week wait in that case

     

    Once again, the box you ticked you had 'read and understood' and proceeded with selling

     

     

     

     

    Don't forget to let eBay know you are leaving 

                                           
                                                                                     
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