withheld payment until item is delivered policy

[eriainollma72]

Is what E bay doing regarding the withheld payment, policy Legal. I have Sellers level of ABOVE STANDARD. Transaction defaults 0%00.Late delivery 0%00.Have been asked to become aTop Seller. Yet twice after selling items. with a time lapse between sales. I am informed that MY payments are being withheld until delivery .As i am on a probation period.? When I sell an item the buyer is paying me for the goods. Not Ebay. Who are payed a fee for the priviledge of selling my items. Also I am paying for the postal service of the items  without psyment from the buyer until Ebay release the money. Which is in their account . I strongly disagree with this policy. in my instance.  Anyone else of the same opinion ? 

[red_magpie]

It isn't eBay that's holding it, it's PayPal and you have accepted it in the user agreement.

This is done to protect buyers, to ensure that funds are available to refund them if the seller fails to deliver their items. Also to protect eBay and PayPal, who would otherwise have to meet the cost of refunding buyers themselves.

For more information and to learn how to to reduce this holding period reduced see: http://pages.ebay.co.uk/help/sell/paymentprocess-newsellers.html