topic Re: Update Account Details message in Selling

Update Account Details message

w_importz — Sat, 30 Jul 2022 07:11:18 GMT

I have received an email and there is also a message in eBay itself that asks for me to update my account details, that my payments from my sales will be withheld if I don't do that. I'm assuming this is a scam, why doesn't eBay fix this? My account details are correct so I'm not updating anything. If it isn't a scam, what rights do eBay have for withholding money that correctly belongs to me, has anyone talked to a lawyer? I understand there are some new IRS requirements, however that's a US requirement, not an Australian requirement so doesn't apply to me. Interested in people's thoughts on this.

Re: Update Account Details message

padi*0409 — Sat, 30 Jul 2022 07:18:10 GMT

If you haven't signed up and verified your details for eBay's Managed Payments, then yes eBay will be unable to process your money from sales. You should end all your listings until you have done that.

It is an Australian law that compels eBay to do that, in fact Paypal had to do the same thing.

https://www.ebay.com.au/help/selling/getting-paid/registering-seller?id=4792&st=12&pos=5&query=Registering%20as%20a%20seller&intent=managed%20payments&context=DEFAULT_BUYER&docId=HELP1461

Re: Update Account Details message

gutterpunkz05 — Sat, 30 Jul 2022 08:43:48 GMT

No Scam!

It is a legal requirement you must comply with, and you can be required to supply additional verification at any time. This has been in place for 2yrs, and if you fail to provide details upon request, then it is illegal for ebay to release funds to you.

Re: Update Account Details message

padi*0409 — Sat, 30 Jul 2022 08:48:50 GMT

But the rules don't apply to the OP GP - it's there in ~~black~~ red and white........

............"not an Australian requirement so doesn't apply to me"............😂

Re: Update Account Details message

gutterpunkz05 — Sat, 30 Jul 2022 09:12:24 GMT

Hi Padi, Sorry, I keep forgetting where I live

Re: Update Account Details message

countessalmirena — Sat, 30 Jul 2022 11:44:08 GMT

@padi*0409 wrote:
But the rules don't apply to the OP GP - it's there in ~~black~~ red and white........

............"not an Australian requirement so doesn't apply to me"............😂

Heap not calumny upon the red!

Re: Update Account Details message

padi*0409 — Sat, 30 Jul 2022 14:54:30 GMT

@countessalmirena wrote:😂

Heap not calumny upon the red!

My abject apologies Countess - I will henceforth hang my head in shame.......😘

Re: Update Account Details message

countessalmirena — Sat, 30 Jul 2022 17:24:25 GMT

Re: Update Account Details message

vintage!lover — Sat, 30 Jul 2022 18:10:33 GMT

Hi, I just had to do this. It's not a problem if you click on the verify your details. Then after a few days later, Ebay will deposit a small amount into your bank account. All you have to do is put the amounts in your Ebay account. It's easy don't worry about it.