If you’re a seller on eBay, you can withdraw your sales proceeds into the World Account. With the World Account, you can hold your multi-currrency funds, make conversions at competitive FX rates, remit to your bank account, or pay your third-party suppliers abroad. You can even make purchases at wholesale sites like 1688.com directly with your World Account balance. With a few simple steps, you can start withdrawing your eBay sales proceeds into the World Account.
The type of Receiving Account to set up for my eBay store
The World Account allows you to set up Receiving Accounts in over 15 currencies. For eBay, you’ll need to set up a Receiving Account in a currency that matches your eBay payout currency, which is determined by your residence or business entity. Please read here under “Payout Currency” to find out your payout currency.
Please note that we don’t support the opening of Receiving Accounts with local bank location for AED, PLN, CHF, SEK, ILS, ZAR. Eg. We support the collection of CHF with a Singapore-based Receiving Account. For certain countries, eBay requires the Linked Bank Account to be an account based in your country of residence. Please read here under “Seller Onboarding” for the bank location requirement of your country.
| Step 1 – Set up the Receiving Account
- On your World Account dashboard, go to the “Collection” tab
- Then click on “Manage Accounts” > “Add a New Receiving Account“. You can then select the currency of your Receiving Account
- Once the account is set up, you can click on “Details” to get the account details
| Step 2 – Link your Receiving Account to eBay
- Go to eBay Seller Hub
- Under the “Payments” tab, you’ll be able to add/update your “linked checking account“. Here, you can simply fill in the details of your Receiving Account
- You can set your payout schedule to daily, weekly, biweekly, or monthly, and the sales proceeds will be deposited into your Receiving Account based on the schedule
- You can also initiate payouts on demand ahead of the regular payout schedule
