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payoneer

why is my global payments still under review

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payoneer

@batapolasamudu-0  Once the money comes to your payoneer account it will most likely be resolved.

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payoneer

@batapolasamudu-0  Once the money comes to your payoneer account it will most likely be resolved.

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payoneer

@batapolasamudu-0, if you have submitted all your documents to Payoneer, then you just have to wait. We don't know  why, but it seems to take 3 -4 weeks for them to be verified.

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?  I have not been able to find anything that says that individuals in Sri Lanka can receive payments in foreign currency for selling goods and services, so this appears to mean that only businesses are allowed to do it. This would include selling on eBay.

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 seems to take 3 to 4 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/

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payoneer

thanks

 

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