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Thread: Credits cannot be withdrawn and/or transferred ????

  1. #1
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    Default Credits cannot be withdrawn and/or transferred ????

    I cannot seem to understand what this means:

    "Credits cannot be withdrawn and/or transferred. Account credits are for use only through eBid."

    Does it mean that any money you receive from sells cannot be withdrawn and you can only use it to buy stuff on ebid??
    If you use paypal to receive a payment, how could it not be withdrawn?

    I would really apprecieate if someone can clarify me this

    Regards,

    Marcelo

  2. #2

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    I take it to mean that if a sale 'falls through' and you reclaim you fvf from eBid then that amount comes off next month's bill (because the fees here are so low it would be a small amount anyway).

    Payments received are totally separate and can be transferred to your bank account or wherever you like in the normal way.

    If this is wrong someone will come along and correct it
    --Linda--
    all feedback from eBid


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    Thanks... looks like it was answered here too....

    http://meetup.ebid.net/showthread.ph...or+transferred

  4. #4

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    Yup that's the link - glad you found it - I knew it was there somewhere but thought I would reply then have a look for the official answer
    --Linda--
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  5. #5

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    OP the only thing that relates to is your eBid fees section.

    Lets say that you sold an item that got a FVF of £1.00, and this was towards the end of the month and you subsequently paid the invoice on the 1st of the following month you account balance with eBid would be £0.00, so if the sale was to a NPB you could request a refund of the FVF to admin, they would then look at it and more than likely refund you this £1.00 which would (if no other fees have been made to your eBid account) put you in credit with eBid for £1.00. This is the credit that cannot be withdrawn and can only be used for eBid fees.

  6. #6
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    Default

    Quote Originally Posted by raindropsies View Post
    OP the only thing that relates to is your eBid fees section.

    Lets say that you sold an item that got a FVF of £1.00, and this was towards the end of the month and you subsequently paid the invoice on the 1st of the following month you account balance with eBid would be £0.00, so if the sale was to a NPB you could request a refund of the FVF to admin, they would then look at it and more than likely refund you this £1.00 which would (if no other fees have been made to your eBid account) put you in credit with eBid for £1.00. This is the credit that cannot be withdrawn and can only be used for eBid fees.
    That is 100% correct. The exact situation happened to me in January.

    x

  7. #7

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    Quote Originally Posted by jeweleffects View Post
    That is 100% correct. The exact situation happened to me in January.

    x
    Its also the same on every site I have sold on, won't name them though don't want another slapped hand

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