Banking a Clickbank cheque In Australia

If you just got your first “clickbank cheque” and  need to bank it, here is some  info that you would need  while getting it banked at your  local Australian bank .

The cheques come from IDAHO “ iD”  in USA….  Bank tellers in your country may not know what “ID “ stands for IDAHO in USA.

Many bank tellers mistake “Clickbank” for a bank  and get confused.  If they so dumb ignorant, let them know clickbank is actually  a  company (and  website with that name )  and not a bank. To Confuse things  further for some , click bank now also has “clickbank University” but NO they are not  a university , they just run a new online internet marketing course called “clickbank university”

clickbank ninja earner

 

For Most  people in other countries ( other than USA) it can take anyway between 28 days or longer  for your cheque to clear and get credited into your bank account.

In my bank account in Australia the transaction shows up immediately , but the  actual amount gets credited and cleared only after 28days.

 

For beginners and people receiving first clickbank cheque

Australian  banks ( commonwealth bank ) , Westpac , ANZ  all credit click bank cheques , but make sure they  bank it as a international cheque  because every once in a while you can get untrained tellers , who will deposit  your international cheque   as a local cheque ( it happened to me twice) and you cheque can end in  a never ending loop of going back and forth  and then going stale.

 

my weekly earnings on clickbank picture

My weekly earnings on clickbank ( goes up and down a fair bit sometimes)

There is  separate process they need to do for international cheques , where they calculate the exchange rate  and fill out couple of forms  and inform you of the exchange rate today if its USD check. You will need to sign the cheque and a transfer receipt.There is s $10 transfer fee with commonwealth bank.

With clickbank its not worth getting getting bank transfer payments unless you are  earning about approx  500 a week, because they charge  you approx $30 or something per transfer.

PPC Campaigns or AD campaigns  and payment schedule in your country 

If you are in australia , you know  that  click bank  week change happens on wednesday 3/4pm noon, so its stuck at $0 your weekly income is  down and you are waiting until next Wednesday   with crossed fingers .Here is how the weekly change in schedule and paymetns  are as stated by clickbank.

Accounts receiving direct deposit (US or International) are eligible for once per week or once per two week payments.

For accounts receiving payments weekly, pay periods end at 12:00:00 a.m. Pacific time every Wednesday. For accounts receiving payments once every two weeks, pay periods end at 12:00:00 a.m. Pacific time every other Wednesday.

Changing your Payment Frequency from once per week to once every two weeks (or vice-versa) may result in overlap between pay periods and the amount settled.

If you are running a PPC campaign specifically  for  a click bank product then  this change days  could be matched with your PPC campaign change dates  to measure what your are getting for your specific ppc  campaign for a clickbank product.

You can also check out my post “ how is clickbank paymetns made and calculated” over here

 

Related posts:

 

Clickbank News :

ClickBank is preparing for this new technology and manufacturing boom.  In today’s ClickBank marketplace we’ve added a new category for 3D Printing.

8 Comments
  1. Reply
    COLLEEN BERNATH December 24, 2014 at 12:49 am

    Sent $47.00 via click ban k today and had trouble with down loading what do I do re this payment
    who do I telephone about this.

    COLLEEN BERNATH

    • Reply
      jeff December 27, 2014 at 3:00 pm

      Hi colleen
      You will get a download link sent to your email immediately after you make a payment , unless there is a minor delay
      If you have bought using a link on this blog ,i could check further to see about processing. How ever it doesnt appear that you used a link in my blog ,s o i would suggest you contact http://www.clickbank.com directly with your receipt number and purchase details and do check your spam folder before you do so

      maybe this will assist you
      Do you need assistance with a purchase that you made through ClickBank or with a charge that appears on your statement from ClickBank? You can access our online order support tools at http://www.clkbank.com. In addition, our Customer Service department is available to assist you Monday through Friday from 7:00 a.m. through 6:00 p.m. Mountain Time.

      Also here is the contact link
      http://www.clickbank.com/contact-us/

      Thanks
      Jeff

  2. Reply
    Daryl Parsons February 9, 2015 at 12:33 am

    I paid through Click bank to Mike Dillard $97.00usd / $125.97 AUD on the 15th January, and have been asking for a refund of the total amount all I get back was the annual recurring amount was cancelled.
    But not the $125.97 AUD refund back into my visa account.
    I have mentioned this in emails to several times and no reply except for the recurring amount
    Can you tell me what is going on please
    I filled out the form for a refund and there is place to sent it to click bank
    Thanks
    Daryl

    • Reply
      jeff July 1, 2015 at 6:55 am

      Hi daryl

      Please raise ticket with clickbank for refund
      or then email them

      cheers
      Jeff

    • Reply
      jeff February 15, 2015 at 1:25 pm

      Hello daryl i suggest you try once more directly to raise teh issue with the vendor , from hwom you would have got some emails after buying or if nothing happens, contact clickbank directly.

  3. Reply
    jeff March 21, 2016 at 4:29 am

    4.5

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