I am using POSB. "Receiving bank" does NOT refer to our local banks like UOB or POSB in Singapore. Clickbank relies on Wells Fargo bank to pay affiliates, and it the local arm of Wells Fargo here in Singapore (or an equivalent US bank here) that handles the payment into our bank accounts. It appears that the problem lies with Wells Fargo, not our local banks. In your bank statement, you would probably have noticed the transaction as IBG or Inter-bank Giro. This means a local intermediary of Wells Fargo is sending us the payment, and that also explains why I always receive the payment the very next day (which I presume is the same for you) because it is a local transaction. It the payment is direct from the US, it will take 3-4 business days, and your bank statement would reflect as Telegraphic Transfer instead of IBG. From the very first post of this thread, it seems Canada is also affected, although for a different pay period.
Thank you for your explanation how does clickbank direct deposit work, I am using HSBC Singapore to receive direct deposit from clickbank, haven't receive payment from clickbank on Oct 14
Base on what RacerX comment above, it seems that they have resubmitted the payments today on a Friday, therefore assuming that it usually will take 2 working days to receive payment from Clickbank, most affiliates should be able to see the payment arrive on the next Tuesday earliest or Wednesday latest. I hope RacerX has the customer officer name for saying that statement to him/her. 2 of my friends have UOB and POSB and they have not yet receive payments from Clickbank dated 10-14-09 though they have receive the payment today dated for 10-21-09.
Thanks for your clarification, racerx20. I never looked at my statements closely enough and didn't realise it was IBG. So long as the money is in, I'm happy. I was paid by international wire before deposit transfers before direct deposits was offered and it didn't occur to me that they had already switched to ACH. I thought TT had become more efficient. Well, I learnt something new today. I often receive it same or next day but not always. Earlier this month, I received the payments on 1st Oct and 8th Oct which means I receive it the next day but last month I received payments on 3rd, 10th, 17th, 24th so there was consistently a 3 days delay. Not sure why though.
email in inbox this morning in australia. Hello, Our bank just had contacted us to let us know that there was a small batch of XACH payments that had been rejected by the receiving bank. Your payment will be resent on Monday, 10-26-09. Our apologies for this inconvenience. Kind Regards, ClickBank Accounting
Anyone from Singapore (or elsewhere) has received his/her missing Clickbank direct deposit sent on 2009-10-14? I'm still waiting for mine.
Yup, last night I got my direct deposit that Clickbank sent on 14th October. I believe the rest should be getting theirs too.
Hey! Me too....! So CB might have corrected its problem. I suppose this was not limited to certain territory.