How to Receive Your Etsy Payments Deposit

To receive your Etsy Payments deposit, you must have funds available for deposit in your Payment account. These funds must meet any applicable deposit minimums for your location.

Review this checklist for additional tips to make it easier to get paid. Watch our video for a more in-depth look at managing your Payment account.

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How Etsy Payments deposits work

When you make a sale through Etsy Payments, the funds are first added to your Payment account. Then, according to your deposit schedule, your available funds will be sent to your bank account. 

You must have a valid bank account on file with your shop. Whenever you update your bank details, a 5-day hold will apply on funds in your Payment account. Once the hold lifts, funds will be sent to your bank account in accordance with your deposit schedule.

In most countries, you can receive your funds if you have a valid credit or debit card on file. If you’re a seller with a bank account in Germany, Austria, or the Netherlands, you aren’t required to have a credit card on file for Etsy Payments.

Deposit schedule

If you’re a new seller, by default your funds will be sent to your bank account weekly, every Monday. You can  view or change your deposit schedule: 

  1. On Etsy.com, click the Your Account icon, then click Shop Manager.
  2. Click Finances.
  3. Click the Payments Settings.
  4. In the dropdown under Deposit schedule, choose daily, weekly, biweekly, or monthly deposits.

To manage your deposit schedule from the Sell on Etsy app:

  1. Open the Sell on Etsy app.
  2. Tap More.
  3. Tap Finances.
  4. Tap Payment settings.
  5. Choose daily, weekly, biweekly, or monthly deposits.

Daily deposit minimums

Some countries have a minimum amount of funds for daily deposits. This means that if your amount available for deposit is less than the minimum for your bank account currency, you won’t get a deposit that day.

Daily deposit minimums by bank account currency: 

Currency

Daily Deposit Minimum

Australia Dollar (AUD)

AUD 25.00

Canadian Dollar (CAD)

CAD 25.00

Danish Krone (DKK)

DKK 200.00

Euro (EUR)

EUR 20.00

Hong Kong Dollar (HKD)

HKD 200.00

Indonesian Rupiah (IDR)

IDR 1,400,000.00

Israeli Shekel (ILS)

ILS 350.00

Malaysian Ringgit (MYR)

MYR 400.00

Mexican Peso (MXN)

MXN 2,000.00

Moroccan Dirham (MAD)

MAD 1,000.00

Norwegian Krone (NOK) 

NOK 25.00

Philippines Peso (PHP)

PHP 5,000.00

Singapore Dollar (SGD)

SGD 25.00 

South African Rand (ZAR)

ZAR 1,500.00

Swedish Krona (SEK)

SEK 100.00

Swiss Franc (CHF)

CHF 15.00

Turkish Lira (TRY)

TRY 600.00

British Pounds (GBP)

GBP 15.00

United States Dollar (USD)

USD 25.00

Vietnamese Dong (VND)

VND 2,300,000.00 

 

Additional deposit minimums, fee thresholds, and deposit fees

Some countries have additional deposit minimums, fee thresholds, and deposit fees: 

  • Deposit minimum: Your funds available for deposit must be above the deposit minimum to be able to receive the funds in your bank account. 
  • Fee threshold: If your deposit is above the deposit minimum but below the fee threshold, you will be charged a deposit fee. If your deposit exceeds the fee threshold, you won’t be charged a deposit fee.
  • Deposit fee: This fee is charged if your deposit is below the fee threshold. Your total funds that are Available for deposit will show your available sales funds minus the deposit fee. This fee is deducted from your Payment account at the time of the deposit and is subject to VAT, where applicable. 

Deposit minimums, fee thresholds, and fees by country:

Country

Deposit Minimum

Fee threshold

Deposit fee 

Indonesia

28,000.00 IDR

1,400,000.00 IDR

28,000.00 IDR

Israel

7.00 ILS

350.00 ILS

7.00 ILS

Malaysia

9.00 MYR

400.00 MYR

8.00 MYR

Mexico

40.00 MXN

2,000.00 MXN

40.00 MXN

Morocco

20.00 MAD

1,000.00 MAD

20.00 MAD

Philippines

100.00 PHP

5,000.00 PHP

100.00 PHP

South Africa

35.00 ZAR

1,500.00 ZAR

30.00 ZAR

Turkey

50.00 TRY

600.00 TRY

42.00 TRY

Vietnam

45,000.00 VND

2,300,000.00 VND

45,000.00 VND

 

To help avoid the deposit fee, you may wish to update to a less frequent deposit schedule.

When will I receive my deposit? 

Depending on your bank, once a deposit is sent out, funds may take up to 3-5 business days to appear in your bank account.

 If a deposit day falls on a holiday, available funds will be sent to your bank account on the next business day. If you don’t see your funds after 5 business days, reach out to your bank for assistance.

Specific requirements for sellers in Australia

Sellers in Australia must have a residential address on file with their Australian bank. This address must be used for Etsy Payments. We are unable to accept a PO box as a residential address.

You can update your address in Shop Manager.

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