Next day bank deposits!

[Former_Member]

Exciting news, everyone!

We've been working with our bank to get our funds to you faster. Now, when a deposit is initiated (either automatically on Monday, or when you request an earlier one), the money will hit your bank account the very next business day. Some banks still might take a few days to clear, but many of you will see the money available in your account on Tuesday from your Monday "pay day".

Go request your deposit now to get your money sooner!

[Former_Member]

This is wonderful news! Thanks so much.

[DingandKennie]

Life is good :)

[MiriHardyPottery]

Awesome! Thanks! :-)

[SCelesteDesigns]

Thanks for working sooooo hard !!

[RhinestonesEtc]

Great news! Thanks so much!

[Former_Member]

Question. I signed up the other night, filled out the bank information and see that as of today, the .01 was deposited.

I got a sale the day after I signed up. How long do I wait for the button on my site to activate to get my funds from the sale?

[Former_Member]

Hi SnuggleBugBabyandMe. Great question! When you add bank information to your account, your funds will be placed on hold for 5 days to protect your account from possible misuse.

Since you've seen the small deposit confirming your bank info, you will just need to wait for the 5 day hold to be up and you'll be able to schedule an early deposit for any available funds!

Best, Heather

[Former_Member]

Thanks Heather... :) Hope everyone has a great weekend, lots of sales too!

[ChickaTweeLLC]

Yippee! Thanks so much!!!

[Former_Member]

Thank you!! ETSY ROCKS!!

[Former_Member]

this makes much more sense, thanks!

[Former_Member]

Love it!!!

[Nothingbutstring]

Wooo Hooo thanks so much. DC rocks the house !

[Former_Member]

woohoo!!

(see, banks do have power over how long funds transfers take- they need to get with the 21st century)

thanks etsy for pushing them!! :)

[Former_Member]

Hi, Nicole -
I've been selling since 2006, and my account has still got the 5 day hold on, and the hold for shipping at the moment.

It would be great to get that sorted out, who can I get in touch with?
Thanks!
Elizabeth

[Former_Member]

Yay! Thanks Etsy!

[Former_Member]

Mine was supposed to deposit today, but its still not showing up as being deposited in my bank account! I don't know what is going on, but I need the funds. :( :( When I check my account it just says scheduled to deposit Tues. November 13th.

[Former_Member]

This has been the longest 5 days ever..................

[Former_Member]

My deposit is not showing up in my account and when it says to click on "schedule an earlier payment", the button is grey so you cannot click on it.

Please help!

[Former_Member]

Hey everyone,

For anyone inquiring about when deposits are made, please bear in mind that deposits occur every Monday around 3:30 p.m. You're welcome to schedule an early deposit for available funds, but bear in mind that deposits only occur during the business week (M-F) at the same time everyday. As yesterday was Veterans Day, weekly deposits were moved to today.

In terms of the "Schedule Earlier Deposit" button, that function is disabled on deposit days, as you're already scheduled for the earliest possible deposit time.

As it's 4:00 p.m., many of you will have gotten notification of your deposits.

Feel free to comment with any other questions!

Best,
Evelyn

[Former_Member]

Evelyn, thanks for coming in and answering our questions. Regarding the Schedule Button being grayed out, are you saying:

The button is "always" disabled on Mondays (normal payment date) or actual payment date and will be activated the following day? In my case, any sale that I received today will be able to be scheduled tomorrow.

[Former_Member]

Not seeing money in my account...have sent you an email. Usually it will post and show as not cleared. Money should have been deposited today as noted on account....what other recourses do I have?
Mary

[Former_Member]

Another question in addition to the one above.

Does the button automatically get disabled after you request early transfer? What happens when you have multiple sales on the same day? Do we have to wait until the end of the day to activate it? So confused now.

[StitchinStation]

I had a sale on the 5th of this month and my deposit wasn't made until the 13th. The schedule a deposit earlier button was disabled so I couldn't click on it. I received the e-mail saying I was eligible for faster deposits several weeks ago so I don't know why it took so long for the funds to be deposited.