Possible Shop Suspension? Temporary hold on funds

[EverlaceDesigns]

Hey guys, I changed my bank details recently and all have been verified. However, it normally states when the funds should be deposited. Currently, it says that the funds are on hold. Could this mean that my shop could potentially get suspended or would this have something to do with the recent bank change? 

[TheVintagePineapple · Accepted solution]

Yes, it is because of the recent banking change.  Your shop is not getting suspended due to that.  However, the listings in your Music section could cause some problems.

From a Help article:

''Once you’ve updated your bank account, your Etsy Payments funds will be on hold for 5 days to protect your account from any possible misuse. This means your Etsy Payments sales funds can be deposited into your new bank account from 5 days after you update your bank details.''

Why Hasn’t My Money Been Deposited Yet? – Etsy Help

[3DPrintedGuyCrap]

Thank you.  I had the same question.  I changed accounts, and now temporary hold.  I thought that was the reason, but now I know for sure.  My shop is a couple of years old, and nothing else has changed.

[EverlaceDesigns]

Thank you so much! I will address those music tees now thank you 

[TrendyTeesPrints]

.

[BlssmLT]

I have “Temporary hold on funds” for already 3 months (I sell digital products so the product provided to the buyer immediately) 5 star rating and had the shop from 2016. Tried to reach to Etsy support multiple times but they always say they will escalate it to a specialised team and they will notify me. However, they never came back to me. Just wondering if someone has the same issue? 

[ModJose · Accepted solution]

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