Canadian Google AdSense Publishers Reporting Electronic Funds Transfer (EFT) Issues

Jan 30, 2008 - 8:11 am 1 by
Filed Under Google AdSense

Reports are coming from Google Groups and WebmasterWorld that Google AdSense will be issuing two Electronic Funds Transfer (EFT) transmissions to canadian publishers, who use the EFT, this month.

AdSensePro Jordan explained that there was an "issue with January EFT payments to Canadian publishers." An email was sent to those publishers who were impacted by the issue, the email reads:

We're writing to let you know about an issue with your January AdSense payment. The full amount of your most recent Electronic Funds Transfer (EFT) payment was not transmitted all at one time. Therefore, it will be issued in two EFT transactions. Within the next few days, you'll receive the first payment, which is the bulk of the amount you're owed. You may have already received this payment. The remaining amount will be sent in a separate transaction later this week.

During this time, you may happen to see messaging that your account is on hold and you'll be prompted to select a new form of payment. Rest assured this is a normal part of the process and we kindly ask that you do not make any such changes until both these payments have been finalized.

Your Payment History page in your AdSense account will show the following over the next few days:

1) A 'Payment issued' line posted on January 25, 2008 calculated in USD. (If you click on the 'details' link next to this line you'll find this payment was calculated with an exchange rate of 0.981.)

2) An 'EFT not successful - earnings credited back' line has posted today, January 29, 2008. This doesn't mean that your EFT was unsuccessful; it's only displayed to balance the amounts within your AdSense account. Again, during this time, you may happen to see messaging that your account is on hold and you'll be prompted to select a new form of payment. Rest assured this is a normal part of the process and we kindly ask that you do not make any such changes until both these payments have been finalized.

3) Then, a 'Payment issued' line will also be posted, for the actual USD amount of the initial deposit that was sent to your account today, January 29, 2008. (If you click on the 'details' link for this payment you'll find this payment was calculated with an exchange rate of 1.030.)

4) Followed by an additional 'Payment issued' line which has posted today, January 29, 2008 when this additional payment is processed for the remaining amount that you are due. (If you click on the 'details' link for this payment you'll find this payment was calculated with an exchange rate of 1.030.) The sum of these two last 'Payment issued' lines will reflect the correct amount of your payment. So soon, your Payment History page will appear something like the following example:

Jan 25 Payment issued (US $100.00)
Jan 29 EFT not successful - earnings credited back US $100.00
Jan 29 Payment issued (US $96.00)
Jan 29 Payment issued (US $4.00)

Please be assured that the remainder of your payment will be deposited into your account soon.

Once again, we appreciate your patience as we work to fix the error.

Sincerely, The Google AdSense Team

There are all the details you need to know.

Forum discussion at Google Groups and WebmasterWorld.

 

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