08-18-2021 01:01 AM
Hello everyone!
A new seller here, I want to know how much time does it take to verify from payoneer, I applied to connect my payoneer with my ebay yesterday, so I got the email from payoneer notifying me that I'm in the procedure now as well, how long will it take to complete this procedure for an individual seller?...
Thank you 🙂.
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08-18-2021 03:12 AM
Hello Sri Lanka!
These are the US boards. We don't use Payoneer here. May i suggest you go to one of the other boards where they use Payoneer?
08-18-2021 01:09 AM
According to the Central Bank of Sri Lanka, it appears that people in Sri Lanka need to register as a business first, in order to be able to receive payments in foreign currency, to their BFCA (Business Foreign Currency Account). Here's a link to their website, then click on CAN YOU ACCEPT FOREIGN CURRENCY AS EARNINGS FROM YOUR BUSINESS ACTIVITIES IN SRI LANKA?
Then, you need to register for eBay managed payments, and you will need to have (or create) a Payoneer account when you do that. Your bank account, Payoneer account and eBay account all need to match, so if your bank account is a business account, your Payoneer and eBay accounts have to be business accounts too, and your name and address have to be spelled exactly the same. Payoneer will verify your identification documents, which may take a few days, or a few weeks.
For sellers in Sri Lanka, Managed Payments will be able to deposit your payments into your Payoneer account. Here's more information about managed payments for sellers outside the USA. There are other links on the export.ebay.com website that have a lot of information that should be helpful for you.
https://community.ebay.com/t5/Payment-Resources/Were-you-asked-to-link-a-Payoneer-account-for-payout...
https://export.ebay.com/en/fees-and-payments/payments/managed-payments/
https://blog.payoneer.com/e-sellers/marketplaces/guide-selling-on-ebay/
Credit - lacemaker3 for the research into this
08-18-2021 03:12 AM
Hello Sri Lanka!
These are the US boards. We don't use Payoneer here. May i suggest you go to one of the other boards where they use Payoneer?
08-19-2021 07:16 AM
yes sure!
thank you for replying!
08-19-2021 07:20 AM
So you mean I'm going to need business information registered in Sri Lanka, not who I personally am?...
08-19-2021 07:32 AM
08-20-2021 10:57 PM
We will see, thank you for the reply ! 🙂
12-25-2021 07:07 AM
i am still waiting after 3 days no answer from payoneer
12-25-2021 07:08 AM
on ebay US no payoneer why?
12-25-2021 07:18 AM
@Anonymous wrote:on ebay US no payoneer why?
Because we use checking accounts here, we don't need Payoneer.