With the boom of cross-border e-commerce store openings being pushed higher and higher, many small partners have decided to open stores and earn more foreign exchange. Among the many cross-border e-commerce platforms, Amazon is one of the more popular platforms. Next, Xingqihang will take you to understand what are the lending rules of Amazon? Can the reserved amount be withdrawn?
Many people may have learned before they start applying for Amazon sellers that Amazon's withdrawal cycle is 14 days, that is, 14 days after the seller sells the goods on the platform, Amazon will deposit the seller's sales income into the seller's bank account. Subsequently, the settlement process is repeated every 14 days.
Here are some other things that sellers need to pay attention to:
First of all, the seller's bank account balance is at least $25, because Amazon's commission fees and buyer refunds will affect the seller's balance. If the seller's bank account balance is 0, in case the buyer returns the goods The fee will not be paid, and there will be a series of thorny problems for the store in the future.
For the Amazon seller account, you need to enter valid bank account information in China (even if it is not a legal person account), when the seller initiates a withdrawal, after the platform completes the settlement, Amazon will publish the settlement report on the "Report" of the seller's platform. part, and deposit the sale proceeds into the seller's bank account via bank transfer.
From the date of withdrawal, generally 6 to 10 working days later, the funds will be remitted to the seller's account. In case of holidays, the transfer time will be delayed by 6 to 10 working days.
At this point, I believe that novice sellers now have a clear understanding of Amazon's lending rules. Under normal circumstances, they are settled once in a cycle of 14 days , so that there will be no backlog of funds, which is conducive to the seller's capital chain cycle, or Very nice platform rules.