eBay

361jamiec · ‎09-21-2023

Hello, and thanks for taking the time. I've read thru the existing related threads, and while they are helpful with really good information, I can find little resolution for my specific questions.

Member for nearly 20 years, recently started selling again after about 5 years. So, the new payout system is completely new to me. I connected a bank account as required 3 days ago and received notice this morning of a forthcoming payout. However, I never received the micro-transaction notification (email?), nor have there been any micro-deposits to the account linked.

Apparently, what I've done wrong is link a savings account instead of a checking account. So, working backwards on the resolution process information suggested in these threads:

- Yes, the bank listed on Ebay matches the name of my linked bank.

- Yes, the last 4 digits of the account # match my account details.

- Yes, I have a transaction number.

So, I realize that I need to change my payout account to a checking account. I understand that this was an oversight on my part. However, my questions are as follows:

- What will happen now? Will the transaction fail and just bounce back to Ebay? Is there any possibility that it will just miraculously show up in the savings account?

- How long should I wait before deleting the link to the savings account and replacing it with a checking account? Please keep in mind that I have additional funds remaining at Ebay waiting to be released for payout.

- If I change the accounts today, what effect will that have on the current attempt at payout? I realize it can't be switched mid-stream, but I am unclear as to whether such a change mid-stream would cause further confusion/disruption with the current payout.

I have changed my payout schedule to 'monthly' for now as to buy some time to correct this issue.

Thanks so much for any help offered. This system is somewhat convoluted, but I hold no ill-will for Ebay as I am the one who made the error. I never thought I'd actually miss PayPal... who've had no issues using this very same savings account for years to send/receive payments.