Why reserves are put on accounts?
Where sellers received their funds?
In their bank account
What is the meaning if an order it is still processing?
it means that the transaction is being reviewed by Etsy
How much is the VAT threshold for Denmark?
DKK 50,000
Where will appear the fees that sellers pay to list and sell products on Etsy?
these fees appear in the Payment account and on the monthly
What is the % that the reserve typically holds?
50% of the funds
Where members can see if a deposit was made?
They will receive an email from Etsy when a deposit was been sent to their bank account.
Do sellers need to ship an order that it is processing?
No, they have to wait until it has been processed successfully
How can sellers ads VAT ID in their shop?
To add your VAT ID, go to Shop Manager > Finances > Legal and tax information
How much is the listing fee?
$0.20 USD
Who are the ones who are exempt from the SPA reserve?
Star Sellers
Where they can see the status of a deposit?
For how many hours an order will be processing?
Most orders process within 72 hours
When sellers are required to add a VAT ID?
As you approach a certain gross sales threshold, you'll need to add a VAT ID, or your shop may be suspended.
What are the Etsy Payments and deposit fees?
Payment processing fees
Deposit fees
Currency conversion
Regulatory Operating fee
Mention at least two of the advices to avoid reserves in a future?
What is the meaning if a deposit is held and they see it as: BLOCKED_FOR_PAYMENTS_REVIEW
What should we do as an action if we see an order as REJECT?
Escalate to Fraud Team with Macro Escalate > To Fraud
What do we use to determine their location for the collecting Canadian Tax?
We use the seller's billing address
Will sellers who use Payoneer may be subject to Payoneer’s fees?
yes, may be subject to Payoneer’s withdrawal minimums and additional fees
At what time funds become available on the day they’re released from the reserve.
at 6pm ET
Were do we have to send cases where where funds are not being disbursed for more than 3 business days
agents can escalate to Finance Support (T3)
What are the requirements for Australia to collect VAT and physical items
The order will have 10% GST collected and remitted when all the following conditions are met:
1. The package is being shipped to a buyer in Australia.
2. The seller is located outside Australia.
3. The total value of the package is less than or equal to $1,000 AUD.
What are the transaction fees?