Former_Member
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Schedule Earlier Deposit

The amount of funds available for deposit increase as sold items pass the 3 day waiting period.
I was wondering if there is a limit to the amount of Earlier Deposits I can make.
I would like to transfer the money to my bank account on a daily basis instead of waiting for Mondays
Is that allowed?
Thanks
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Former_Member
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Re: Schedule Earlier Deposit

SoKookie I don't think there is any rule against transferring money on a daily basis. It's your money, so go for it.
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Re: Schedule Earlier Deposit

yes, you can get a deposit daily if you like.
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Former_Member
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Re: Schedule Earlier Deposit

I request mine daily :) I'm very impatient like that, lol!
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Former_Member
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Re: Schedule Earlier Deposit

Me too. I've got 2 teenagers who are money suckers. The other day my teenage daughter said, "Are you going to work on those shorts AGAIN? It seems that's all you do."
The next words out of her mouth were, "Can I have $250.00 to buy a Justin Bieber concert ticket?" NOT !!!!
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Re: Schedule Earlier Deposit

Before you start asking for daily scheduled deposits, check with your bank to see if they charge for Bank transfers. It could be costly if they do.
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Former_Member
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Re: Schedule Earlier Deposit

Is it a transfer? Perhaps it depends on the account? I have a checking account, and can deposit however often and as much I want :/

I did have a savings account once that limited my withdrawals, but never deposits... I'd have to check, but is it required to have a "checking" account, or only a "bank" account for DC? Interesting comment Hotel....
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Former_Member
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Re: Schedule Earlier Deposit

It doesn't have to be a checking account. Mine goes into a Money Market Saving Account. Edited to add: I don't get charged a fee for any type of deposit.
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Former_Member
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Re: Schedule Earlier Deposit

OT:

$250 for a Justin Bieber ticket??????


on topic:

you can use a savings account, I've never seen any bank account that had fees for deposits, but have seen several with fees for withdrawls.
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Former_Member
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Re: Schedule Earlier Deposit

Does anyone know if 'scheduling' deposits will allow you to batch your orders and only have it deposit to your account ... say once a month? or does that scheduling feature only work for earlier than next monday type deposits?? if my/your bank acct does limit transactions during any given month, it would help to know we can control the # of deposits. any ideas???
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Former_Member
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Re: Schedule Earlier Deposit

Luaren-At minimum it will always deposit all available funds on each and every Monday, there is currently no bimonthly or monthly type scheduling available.

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Former_Member
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Re: Schedule Earlier Deposit

Thanks Kristen! Maybe the admins will consider an "at-will" deposit schedule once beta testing is through with so those of us who do have limited bank acct transactions can put our deposits on hold for a certain # of scheduled deposits per month ... for now I will figure out how best to deal with it and will watch my other transactions so the 4/month on mondays won't earn me any bank fees ;-)

Thanks again
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Former_Member
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Re: Schedule Earlier Deposit

your very welcome Lauren! With DC still not being live to all of the US yet, I think it goes to show they are being very cautious with how they roll this feature out and are working UP to new things instead of trying to have everything perfect the first time all at once. Once they have a larger pool of users and general funds flowing through their processor they may be able to open up new options :)

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