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What happens if I click on "Process Credit" under Linden Dollar Summary, on the Account Page?


Xazha Azalee
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Here you go - Everything you ever wanted to know about your US $ Balance:

http://community.secondlife.com/t5/English-Knowledge-Base/Account-balance/ta-p/700015

US dollar balance

All Second Life® accounts have both a Linden dollar balance and a US dollar balance. You can see both balances in the Linden Dollar Summary on your Account page at secondlife.com.

Linden Dollar Summary.png

When you have a new Second Life account, your US dollar balance is $0. You can increase your US dollar balance by selling L$ on the LindeX. You might also receive a US$ credit from Linden Lab under certain circumstances. The L$ can be used to make purchases inworld or on the Second Life Marketplace; the US$ can be used for other purposes related to your account.

Using your US dollar balance

You can put your US dollar balance to work in several ways, explained below.

Pay for Second Life expenses

When you pay your premium membership fee, land use fees, private estate fees, buy Linden dollars or buy a Private Region, Linden Lab charges your US dollar balance. If your US dollar balance does not cover your expenses, all available US$ credit is applied to the fee. Then we charge the remainder via your preferred payment method. (Bill the full amount to your payment method by clicking "DON'T USE" next to your USD balance.) If you make enough Linden dollars, you can sell them on the LindeX to increase your US dollar balance. Some Residents' premium accounts pay for themselves!

Process credit (withdrawal)

Net proceeds from your sales of Linden Dollars remain as credit on your Second Life account, and this credit is automatically applied to your account fees as described above. If you do not wish to apply your Linden Dollar sales proceeds to your fees, you may process this portion of your account credit to a payment to you (See Process Credit ). Note that you may only process credit due to net proceeds from sales of Linden Dollars. Purchases of account credits and credits due to gift codes or other promotional account credits are nonrefundable, and may not be processed as a payment to you.To view a full history of your process credit transactions, see the Process Credit History page.

You must be in full compliance with our Terms of Service to receive any payment through the credit payment process. This includes, without limitation, the requirement to have accurate and complete registration information, including verifiable billing information.

You may choose to withdraw your US dollar balance via PayPal or bank wire.

32px-KBnote.png Note: Use a bank wire only under the following circumstances:
  • PayPal will not permit payments to your country.
  • You are expecting payment of $10,000 or more.

For instructions on setting up wire transfer payments, see Setting up process credit payments through a wire transfer.

Depending on which withdrawal option you choose, you may be subject to fees and minimum withdrawal amounts.

How long does it take to process credits?

LindeX processing can take 0-5 business days* if they're through Paypal.

We strive for quick turnaround; however, holidays and the volume of transactions can affect processing times.

 

Please be aware that LindeX processing through PayPal can take up to five business days (Monday-Friday, not including U.S. holidays).

Bank wire payout request processing time is fifteen business days. Holidays and high transaction volume can affect processing times.

32px-KBcaution.png Important: You must be in full compliance with the Second Life Terms of Service to receive any payment through the credit payment process. This includes, without limitation, the requirement to have accurate and complete registration information, including verifiable billing information.

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