Selling to Overseas buyer - how long will take to receive payment?

[diytoolbox]

Soon, eBay will only send the payment for the sold items to sellers, when the item has arrived at the buyers address, they announced.

So, if you sold an item to overseas buyer, and posted the item.  It takes usually from 2 - 3 weeks sometimes 4 weeks for the item to arrive to the buyers address in the overseas countries.

Does it mean that the seller has to wait for that period of 2-4 weeks after the item sold, and posted?

[papso22]

Did you not read the bit that said funds will be released after 14 days if either no tracking, or tracking doesn't show delivery?

[jckl1957]

Generally, items are delivered much more quickly, arriving in days rather than weeks.

The last item I sold abroard was posted in Norfolk UK on 4th November and arrived in New York on 9th.

[*vyolla*]

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@diytoolbox wrote:

Does it mean that the seller has to wait for that period of 2-4 weeks after the item sold, and posted?

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No:

Changes to when you get paid beginning in February 2025

From February 2025, eBay will typically make the sales proceeds of private sellers available in eBay balance after the order has been successfully delivered, unless subject to a hold. These are the criteria we'll use to determine when an item has been successfully delivered:

• For tracked deliveries, funds will be available 2 calendar days after we receive confirmation from the tracked service that the delivery was successful
• For local collection, funds will be available after you exchange the QR or 6 digit code with your buyer. For same-day local collection, funds will be available 24 hours after the order is collected
• If the item includes Authenticity Guarantee, funds will be available after the item is successfully authenticated
• For items sent via Global Shipping Programme, funds will be available after the item is delivered to the UK Shipping Centre
• For untracked deliveries, or tracked deliveries when there is no delivery confirmation, funds will become available 14 calendar days from the order date

[diytoolbox]

I see. 

• For items sent via Global Shipping Programme, funds will be available after the item is delivered to the UK Shipping Centre.
• For untracked deliveries, or tracked deliveries when there is no delivery confirmation, funds will become available 14 calendar days from the order date

I have not read that part.  So that is the case.   It is a very long time to wait for the payment to come through for the items posted.

So I wonder how sellers would feel about it.

And maybe eBay is trying to encourage sellers to sell the items for local collections only, which seems to be the quickest way to get payment in hand.

[*vyolla*]

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@diytoolbox wrote:

So I wonder how sellers would feel about it.

And maybe eBay is trying to encourage sellers to sell the items for local collections only, which seems to be the quickest way to get payment in hand.

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I don't think that sellers have a choice, for small untracked items it's a matter of waiting the 14 days or don't sell on eBay.

I very much doubt that it's to encourage local collection, I can't see the logic there, but if a seller wants their money faster then that would be an option. As soon as the item is collected and the seller adds the 6 digit collection code to prove that it has, then that would be a 2 day wait. You'd need to factor in that the buyer would likely not be collecting immediately though, that could add days. 

[diytoolbox]

This sounds like not good idea or system at all, because this system might result  items sold, and dispatched, but with cases no payment was received to sellers.

[diytoolbox]

When item was sold, and dispatched by the sellers' cost, but no payment received, or payment took too long time to receive, it wouldn't be fair to the sellers, would it?

[parsley2003]

I know it's a nightmare i can't track a postcard to USA it's £8 for tracking, am assuming the 14 day rule applies that they should have received it by then, to everywhere. Have looked at Delcampe and they have just started to charge the buyer. In this case the buyer has 14 days to pay for something. There is nowhere left now that does not make the buyer pay Ebay have made a big mistake they should have stayed as they were. My shop is dead not that i sell that many each week, have had nasty comment about my mass of listings it's because they have built up over years

[sml192]

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@*vyolla* wrote

I very much doubt that it's to encourage local collection, I can't see the logic there, but if a seller wants their money faster then that would be an option. As soon as the item is collected and the seller adds the 6 digit collection code to prove that it has, then that would be a 2 day wait. You'd need to factor in that the buyer would likely not be collecting immediately though, that could add days. 

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1 day wait if the item is collected the same day as ordered, otherwise funds will be available straight away. 

• For local collection, funds will be available after you exchange the QR or 6 digit code with your buyer. For same-day local collection, funds will be available 24 hours after the order is collected