If so, how do sellers obtain that interest that has been generated?
Certainly with the volume of sales and the length of time the funds are
held, the amount of interest gained must be staggering...! Thank you..
I located terminology on PayPal re: reserve and rolling reserve accounts
but found nothing further about whether those accounts generated
interest for sellers. Found this link under a Google search: eBay Item
Holds Explained - eBay Inc. In that inter...
Right, no interest on PayPal balances, but since they are holding funds
from many sellers for various lengths of time my question remains, are
those funds placed in a separate account and if so does that account
generate interest which the sellers wo...
I believe I pay eBay and PayPal both fees, so no, I'm not working off of
their dime. I do take advantage of free listings because they are
thereto help me with listing fees and to help eBay gain final value
fees.. I had a legitimate question and came...
Like other bank accounts or deposit accounts, an interest-bearing trust
account earns interest on the funds deposited into it. ... In trust
accounts, the interest is generally paid to the account beneficiary.
Yes, all money deposited in a trust accou...