Cannot Get Bank Account Verified

[regeni71]

After thinking I was all set for MP, eBay ended my listings a few weeks ago because my bank account wasn't verified. That was a gut punch but turned out to be easier to fix than I thought.  So, I opened a new account. Thinking, "nice clean slate, easy link up, and drive on."  NOPE!  Several attempts have failed at getting the microdeposits to my bank.  The last rep I chatted with recommends that I open a new account (a different organization maybe??)  This should not be necessary at all.   I have spent a lot of time searching and reviewing threads related to this. I try to find current threads so I can get an idea of how many people are having similar problems. There have been 3 that the original post was early in 2021 but responses late in the year but, a moderator has ended responses to the thread based on the age. That makes it difficult to easily get an idea of how many sellers are still having problems like this.   It seems that many people have the same or very similar issues but, with so many eBay users, I wonder if the percentage of those of us having problems is not large enough to be of any consequence. We may be "acceptable losses" as far as eBay is concerned.  As for me, and as for now, I have been and will continue to ship products to customers that have paid.  That is fine for me but not for all sellers. I guess I have faith that it will get resolved eventually and, since the type of product I sell may be mission critical to my buyers, it seems to be the correct path for now.  I have money in limbo as of this writing and, for the 5th time, I will contact eBay and attempt a resolution after I post this.  I am posting this to get responses from others who are still having problems with getting their bank verified or similar issues.  By the way, I have had two payouts to this new account completed already.

[mam98031]

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@themystical.one wrote:

It’s my credit union WSECU which I already had attached to the account for almost a year prior to this. 

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That shouldn't be happening either.  That is a big one in the state of Washington.  I'll see if I can get any information.

[themystical.one]

Much appreciated!

[toykult]

Hi, I hope you've managed to find a way to resolve ebays MP bank verification problems. I've had the same problem with eBay Canada (I'm Canadian) who still owe me US $1058 that has been stuck in Managed Payments limbo for over 3 years now 😕 Having spent many hours with ebay support to no avail, submitting bank statements, entering the same bank details over and over, and finally opening a second bank account I've hit a brick wall... the verification problem remains. So if there are a lot of us with the same problem in Canada and the US this is grounds for a Class Action suit against eBay that could cost them dearly, including their reputation. Quite frankly and quite literally eBay Managed Payments suck!

[mam98031]

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@toykult wrote:

Hi, I hope you've managed to find a way to resolve ebays MP bank verification problems. I've had the same problem with eBay Canada (I'm Canadian) who still owe me US $1058 that has been stuck in Managed Payments limbo for over 3 years now 😕 Having spent many hours with ebay support to no avail, submitting bank statements, entering the same bank details over and over, and finally opening a second bank account I've hit a brick wall... the verification problem remains. So if there are a lot of us with the same problem in Canada and the US this is grounds for a Class Action suit against eBay that could cost them dearly, including their reputation. Quite frankly and quite literally eBay Managed Payments suck!

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@toykult 

This thread is a couple years old.  If you really want to get the opinions and advice of other members, you should start a new thread on the subject.  It is very easy.  If you don't know how, reach out to me and ask.

You've had your money on hold almost since the day MP started rolling everyone in?  They started it in August of 2020 but were not complete in having everyone in until the end of 2021.

I'm not up on the laws in Canada, but I do not think Ebay has been holding money on US sellers for that long.  Ebay has a procedure to follow if they can't get the seller to submit the proper information after a certain amount of time.  They don't just hold it forever.

These may seem like simple questions, but you do have to be PERFECT.  These links are for the US site.

Please review the below link carefully. It contains very important information as to how Ebay needs to see the information you provide them on your account. It is likely easier to change your Ebay account to match your bank account if you find there to be a difference.


https://www.ebay.com/sh/fin/dlp


https://www.ebay.com/help/selling/getting-paid/registering-seller?id=4792

https://community.ebay.com/t5/Payments-Resources/Have-questions-about-payments-Check-out-this-post-f...