The collapse of Silicon Valley Bank today is awful news. I wonder what this means for Etsy sellers and funds.
I was paid today
Any one who has received their deposit today (Monday) give a Like or let us know. Are you in the USA or another country?
I usually don't see the deposit sent until the afternoon, usually anywhere between 1 and 4 PM.
It's only a little after 10 AM here; will check later to see if funds have been sent to bank.
Showing scheduled for today. It usually happens in the afternoon for me so I will check back then. I am optimistic that it will happen though.
My cousin still owes me $20
Although the amount has increased... it still says scheduled for March 10 deposit.
Mine usually shows up in the afternoon so I don't know yet.
Lol i want my $34
Here's the email i got this morning...
[This content has been removed by Moderation. We ask that you please review Section 1, Item 2 of our Community Policies prior to posting.]
My answer to their letter...
What, exactly, were you hoping for?
The deposit date to be updated and a date when i can expect said deposit.
It’s weird they removed that. It was a basic non specific response…
Today my Etsy payment account will not open. I am in the US. So I cannot see what is going on. Yes my shop is vacation until this matter gets resolved.
Glad UK is getting their money
Sellers from UK, Canada, Portugal and Netherlands have reported so far, that money is coming through
but don't forget, it's nearly 3.00pm in the afternoon in the UK
Okay I can now see and my payment was scheduled for the 20th and requested it for the 14th. So that is a good thing. Don't know if it will actually happen tomorrow, but atleast it is there for deposit.
@CraftyCornishMaids - Yes, Etsy does have money in that bank. On the news this morning Etsy was mentioned as one of the biggest corporate depositors.
I think everyone will get paid, although it may take a few days or more for everything to get squared away with the banks after the bailout and given the green light. It's been a stressful weekend for all of us here, and certainly a wake-up call for me after losing everything in the 2008 bank debacle.
Oddly enough, I seem more concerned about the buyer confidence being shaken and not making sales after all this LOL....
So here's my update... my payment was scheduled for today, it has now been updated to the 27th. So pushed back by 2 weeks
My deposit date is now showing March 14th 🤦
I just changed mine to the 14th, let's see if it sticks
I’m located in the USA and my deposit date just changed to march 14th when it said the 13th this morning. So no deposit today for me now, we’ll see tomorrow.
Mine just changed as well
My payment was updated for March 20, it was supposed to be today. That’s not good because I need that money for bills
@MichelleArtStudioCo Do you have the request in now button showing next to the date?