Selling on Amazon - Quick Question!

vickym

Hi just signed up with Amazon today and purchased a few toys for christmas and then whilst browsing through the items for sales realised that I would possibly get more for a few books and DVD's that I have - selling them on Amazon rather than on Ebay.

My question is. When someone has purchased an item from me - and the funds are in my Amazon account - instead of tranferring them to my bank - can I use them to purchase items of another seller or from Amazon Direct.

Any help - most appreciated
Thankyou

apprentice_tycoon

The quick answer is no, it's paid into your bank account unlike paypal where it's 'held' for you.

vickym

Thanks Apprentice Tycoon your help is most appreciated. Could I also ask. I have not as yet registered my bank details - do I have to register them or can I wait until I have say £50 in my account and then register my bank details as I dont want little amounts being deposited into my account

thanks

apprentice_tycoon

my pleasure vicky - I'm pretty certain that you have to give your bank details as soon as you sell something, I don't think you can store it away and build it up - BUT - if you get the bug, and you surely will as soon as something sells you'll be scouring the house for more things to list, then you'll find a few books at a boot sale or charity shop and your payouts each fortnight will be well worth having

bilbo_2

sellers on amazon seem to sell goods more expensive than amazon !!