How and when do I receive my payments from AbeBooks?
AbeBooks processes credit card order payments (Ecommerce orders) on behalf of our member booksellers. We in turn credit you for these orders via weekly bank transfer, monthly bank transfer or via monthly cheque. The way in which we can credit you depends on the country in which your bank resides.
Belgium - France - Germany - Ireland - Italy - Netherlands - Spain - Switzerland - UK
We can credit you for your AbeBooks Ecommerce orders via weekly bank transfers if your bank is in one of the above countries. Please enter your banking details in your AbeBooks account.
If your bank account is not in one of the above countries but is still within the European Union, we can make monthly bank transfers to you at no cost. Please contact us with the following details:
- Bank name & address
- BIC / Swift Code
- IBAN (International Bank Account Number)
- Name & address of account holder
If your bank is outside the European Union, we can send payment via monthly cheque or monthly international bank transfer.
It usually takes up to 2 weeks after you receive your payment notification to issue monthly cheques. Payment cheques more than 2,000 Euros will be sent by courier to ensure prompt delivery. Payment cheques less than 2,000 Euros will be sent by standard mail. To shorten your waiting period, you can choose to have your cheque sent via courier at a maximum cost of 23 Euro. Please contact us if you prefer shipment by courier for your cheques.
Alternatively, you can receive payment by monthly international bank transfer. If you would like payment via monthly international bank transfer, please contact us with the following details:
- Bank name & address
- BIC / Swift Code
- IBAN (International Bank Account Number)
- Name & address of account holder
Please Note: You will need to bear the cost of the international bank transfer. It will be deducted from the gross amount before payment is sent. Unfortunately, fees vary and we do not know how much they will be in advance. Please keep in mind that your bank may also charge you for receiving an international bank transfer.
Where can I view details for payments and fees?
You can easily review your financial details for your payments and fees through your bookseller account:
1. [Sign On] to your AbeBooks.com bookseller account
2. Click [Your Personal Information] from the Members Menu
3. Then click [Account Details by Statement]
Select the statement month and click [View], which will give you a summary of your sales for the previous month. For example, the 'Statement Summary: February' gives details for January. Here you can see the totals for the month for all your fees and the total amount that was paid to you for the month.
4. By clicking [Weekly Summaries for Statement Period] you can see a weekly break down for the month. You will notice that all 'Paid to You' amounts in the weekly summaries equal the total amount that is given on the Statement Summary.
How can I check for which orders I have received payment?
You can easily see the orders that are included in your payment through your bookseller account:
1. [Sign On] to your AbeBooks.com bookseller account
2. Click [Your Personal Information] from the Members Menu
3. Then click [Account Details by Statement]
Select the statement month and click [View], which will give you a summary of your sales for the previous month. For example, the 'Statement Summary: February' gives details for January. Here you can see the totals for the month for all your fees and the total amount that was paid to you for the month.
4. Then click [Sales Details for Statement Period] to see the orders that are included
Remember that Bookseller Direct orders, where you process the payment, the commission will be included in the table but no payment will be made to you. If you are having difficulty understanding your online information or if you have any questions, please contact us.
How can I print my weekly or monthly sales details?
Printing your sales details can be done when you check your payments online:
1. Sign into your bookseller account
2. Select [Your Personal Information] from the members menu
3. Click [Account Details Since Last Statement] - here you can select the month in question and click [View]
4. We then suggest that to view a break down of the payments you select the option [Weekly Summaries for Statement Period]
5. To view the break down of each payment select [Sales Details by Week]
To print a copy simply click on the Printable Version link.
Your Abebooks statements explained
Your statement is a summary of the previous month's sales and payments. It contains the monthly total of your gross payable sales, offset against the monthly totals of commission, payment service fees and subscription fees charged. If you look at your weekly summaries, the totals together match the figure that you see on your monthly statement.
Sample statement with explanatory notes:
A general outline of the payment process is as follows:
- Every Friday, we send you a payment notification email that includes all sales for that week. From those sales, we offset your commissions and credit card payment service fees
- On the first of each month, we apply your subscription fees to your account. On the first Friday of the month, your payment is therefore offset by that weeks commissions and payment service fees as well as your subscription
- Should the amount that you owe us be greater than the payment for your sales, we will charge your credit card to make up the difference. As long as your sales are greater than your fees, we never need to charge your card
Payment notification emails are advanced notice of your deposit; the funds will be transferred to your bank one week later, and then deposited by your bank within a few days.
