27-07-2020 11:36 AM
As a new seller, Ebay have advised that they will hold on to my funds for 21 days. Will they take the fees before that money is realeased to me? Also, is there a set date of the month that they take the fees?
Many thanks
Ebay's selling fees are applied the second an item is bought or an auction won, not when the buyer pays. This is because payment can be made in ways other than PayPal, such as cash on collection, cheque, postal order, bank transfer, and so on. All fees are instantly added to your Ebay account (any listing fees incurred are added at time of listing), and you are billed for these monthly. Ebay will send you an email well in advance to let you know the date they'll be called for.
PayPal's fees are taken when your buyers' payments hit your PayPal account.
Everything you need to know about selling on Ebay - including how the 21-day payment hold works (and how it can be released earlier), and how Ebay's fees are applied etc - is in the Seller Centre (link at foot of any page). You also have the Help pages with their integral search to refer to (links at top and foot of any page). 🙂