07-23-2021 09:55 AM
I am New to Ebay and Payoneer under review for the verification, if it getting many weeks to payoneer verification Approvals, Can I start selling until that by sharing listings of my products
07-23-2021 10:00 AM
You can list; you can sell, you can pay for shipping and you can ship.
But..you will not get any money until your verification is completed as successful.
07-27-2021 09:17 AM
Thank you, But there are Error receiving when listing the item,, because Payoneer not yet verify
07-27-2021 09:19 AM
Then it sounds like you can not until you are verified.
07-29-2021 07:10 AM
You need to wait for Payoneer to complete the verification process. If they haven't verified your documents yet:
Have you received any messages asking for more information, or an error message?
Did you register as a business, or as an individual?
07-29-2021 07:37 AM
Hi, They have not yet verified the Account and almost 3 weeks passed, when contact Payoneer they saying that wait until received feed back once they reviewed the documents.
I am register as individual
07-29-2021 07:46 AM
Can you contact Payoneer again, and ask them if you need to change your account type to business?
We think that this might help, but since I am in the USA, I can't contact Payoneer myself to ask.
07-29-2021 07:47 AM
@thapangn_0 You will have to wait, prior to Payoneer selling from Sri Lanka was virtually impossible. Make sure it all gets down correctly NOW so you avoid running in to problems once you start to sell things.
07-29-2021 10:00 AM
Thank you, I have done chat yesterday with Payoneer and I will ask your suggestion from my next chat if not verify by this week.
08-03-2021 08:49 AM
I found this information on the Central Bank of Sri Lanka website for the Department of Foreign Exchange.
I believe this means that Sri Lankan persons are required to deposit any foreign funds they receive for providing goods and services (like selling online) into a Business Foreign Currency Account (BFCA) (or sell the currency to a currency dealer) within 7 days. Managed payments sends the funds for eBay sales in USA dollars, which would be a foreign currency, so this rule would apply.
If this is correct, then you may be required to use a BFCA as your bank account in Payoneer, and that would mean that you have to use a Business Payoneer account, and a Business eBay account as well, because they all have to match. You can get more information about this from the Central Bank of Sri Lanka website. If you find out that this interpretation is incorrect, please post back and let us know.
http://dfe.lk/web/index.php?option=com_content&view=category&id=81&lang=en