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Managed Payments

As a seller, if I go onto managed payments and I only sell 1 item for a £1 or so does this go straight to my elected account. Can I elect to get managed payments collectively for a higher amount or say once a week. I do not want lots of small payments onto my bank account.

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Hard luck if you have lots of payments and your bank charges for individual entries. If only £1 a week that would be 4 entries on your bank account. Could make it not worth the bother of selling.

 

Ebay implied that sellers could choose for example once a month. Another not well thought out scheme.