In researching what happens when an Amazon seller’s account is frozen, I learned that the best path forward is to create a Plan of Action to reinstate that account, to get back to selling and serving your customers.
But making matters worse, I also learned about what happens to the money you have earned through your Amazon store while you wait for the issue to be resolved. That money is frozen as well! You don’t have access to it directly.
There are special teams at Amazon who deal solely with dispersing your money when Amazon has frozen your funds, based on an account suspension. Creating a well written Plan of Action is a fantastic first step toward reinstating your account and getting your money out of it. It’s important to address this specific Amazon team holding your cash hostage in a persuasive manner. This is a tried and true way to get your account issue resolved, to get back up and running, and for your money to be released from account purgatory.
However, with the right circumstances, when an Amazon seller’s account is frozen, you may want to change the goal from reinstating your account to getting your money first.
If you have more than one seller’s account with Amazon, you can request to pull the capital out of the closed account and use that cash to make money in your other account that is up and running. This method saves time by giving you access to your money sooner. Then, you can refocus your efforts on reinstating the suspended account.
Additionally, while you are faced with an account suspension, frozen funds, and playing the waiting game for a reply to your Plan of Action, you can utilize fantastic resources for Amazon sellers like Payability.
This resource disperses money right away to sellers in need, as opposed to two weeks later if their funds are tied up in a suspension.
Furthermore, set your self up for protection and success by working with a company like AccrueMe, which invests in Amazon sellers accounts, providing capital for growth. They do not make money unless you make money.
Stay tuned for more fantastic tips I’ve learned as a new Journalist for Rosenbaum, Famularo & Segall P.C., the law firm behind AmazonSellersLawyer.com