Managed Payments

Can anyone please enlighten me???

I've just changed over to managed payments but still owe eBay £69 fees from last month (due to be taken out 16th Dec) for an Xbox I sold for my son. I've just sold a jumper(the first sale since I went to managed payments) for £25 after fees have been taken off and the payment now says completed but it doesn't show in my bank....the transaction shows as "amount in your eBay account" does this mean eBay are holding it to take off the amount I owe them so my invoice for Dec will be £44 ??? I'm totally confused....any advice or explaination would be appreciated, I thought the payment went straight into my bank account.....thanks to anyone who can help!!

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Payments go into your Ebay account, and from there into your linked bank acccount (minus Ebay's fees).

 

Everything you need to know about Managed Payments is in the Seller Centre, and in the Help pages with their integral search.

 

@hondasteve56