Provision record
Poshmark · Poshmark Privacy Policy · View original document ↗

Escheatment of Unclaimed Funds and Dormancy Fee

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Document Record

What it is

Users are responsible for keeping payment account information current to receive redeemable funds. After the statutory dormancy period, unclaimed funds will be escheated to government authorities, and Poshmark may charge a dormancy fee where permitted by applicable law.

This analysis describes what Poshmark's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

This provision establishes that unclaimed seller earnings or credits will be escheated to government authorities following the applicable statutory dormancy period, and that a dormancy fee may be assessed before escheatment where permitted by law. Users who do not maintain current payment information are at risk of losing access to redeemable balances.

Recent Activity

This document changed recently

Medium May 27, 2026

The updated policy establishes new restrictions on product categories previously allowed or unregulated, including prohibitions on used socks and underwear, mystery boxes with specific disclosure requirements, and strict conditions for cosmetics and electronics. Sellers who list prohibited items may face temporary or permanent account suspension, payment withholding, and item removal at Poshmark's discretion. The policy explicitly reserves the right to dispose or destroy prohibited items sent to authentication centers. You can report suspected violations to Poshmark, but enforcement decisions remain within the company's sole discretion.

View change record →
Medium Apr 19, 2026

Poshmark's updated Privacy Policy provides significantly more transparent disclosure about what personal data the company collects, how it uses that data, and how you can exercise your privacy rights. The policy now explicitly itemizes data collection points, including photos, videos, payment information, social media accounts, and user interaction data, and provides a dedicated section on consumer rights and choices. The policy also includes a dedicated California Privacy Notice supplement, indicating enhanced compliance with California privacy laws. You can review the full updated policy and California Privacy Notice to understand Poshmark's specific data practices and identify which privacy rights and choices are available to you.

View change record →
Medium Mar 25, 2026

Poshmark's updated privacy policy provides more explicit detail about what categories of personal data the company collects through the platform, including user-generated content (photos, videos, listings), interaction data (likes, comments, offers), and payment information. The expanded disclosure does not necessarily indicate new data collection practices, but gives users clearer visibility into what information Poshmark holds. You can review the full policy at Poshmark's website to understand which data collection practices apply to your account activity and, if you are a California resident, consult the supplementary California Privacy Notice referenced in the policy.

View change record →

Clause Stability Stable

0
Changes
5
Months Monitored
Jul 9, 2026
First Seen
Jul 9, 2026
Last Seen

Change history

added Jul 24, 2026

Poshmark may assess dormancy fees on inactive accounts and escheat unclaimed funds to government authorities, potentially causing users to lose accumulated proceeds.

View full change record →

Consumer impact (what this means for users)

Under this clause, users who fail to update their payment account information and do not claim redeemable funds within the statutory dormancy period will have those funds transferred to government authorities. A dormancy fee may also be assessed where permitted by applicable rules before escheatment occurs.

What you can do

⚠️ These actions may provide transparency or partial mitigation but may not fully address the underlying issue. Effectiveness varies by jurisdiction and individual circumstances.
  • Export Your Data
    Log in to your Poshmark account and update your payment account information under account settings to ensure redeemable funds can be processed. Redeem any available balance through Poshmark's permitted third-party payment provider.

Cross-platform context

See how other platforms handle Escheatment of Unclaimed Funds and Dormancy Fee and similar clauses.

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▸ View Original Clause Language DOCUMENT RECORD
"
It is the User's sole responsibility to update payment Account Information to receive any redeemable funds. After a period of statutory required account dormancy, Poshmark will escheat any unclaimed funds to the relevant government authorities as necessary and may charge a dormancy fee when such a fee is allowed by applicable rules and regulations.

Excerpt from Poshmark's Privacy Policy

ConductAtlas Analysis

Institutional analysis (regulatory & governance intelligence)

1.

Insight

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Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.

Applicable agencies

  • State Attorney General
    State AGs in California, New York, Texas, and other states can investigate violations of state consumer protection and privacy laws, including CCPA (California), SHIELD Act (New York), and equivalents.
    Who can file: Residents of states with comprehensive privacy laws — primarily California, Virginia, Colorado, Connecticut, and Utah
    What you need: Evidence of the violation, explanation of how your state rights were affected, and your account or contact information with the company
    What to expect: Outcomes vary by state. May result in investigation, enforcement action, or requirement for the company to change practices. No direct individual compensation in most cases.

    Search "[your state] attorney general consumer complaint" to find your state's direct complaint form

Provision details

Document information
Document
Poshmark Privacy Policy
Entity
Poshmark
Document last updated
May 5, 2026
Tracking information
First tracked
July 9, 2026
Last verified
July 9, 2026
Record ID
CA-P-015409
Document ID
CA-D-00334
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
95748499aead6a2b0f334a37debca848375f262e06cdfa8613c3c49ba4be6f27
Analysis generated
July 9, 2026 07:53 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Poshmark
Document: Poshmark Privacy Policy
Record ID: CA-P-015409
Captured: 2026-07-09 07:53:24 UTC
SHA-256: 95748499aead6a2b…
URL: https://conductatlas.com/platform/poshmark/poshmark-privacy-policy/provision/CA-P-015409/escheatment-of-unclaimed-funds-and-dormancy-fee/
Accessed: Sept. 8, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

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Frequently Asked Questions

What does Poshmark's Escheatment of Unclaimed Funds and Dormancy Fee clause do?

This provision establishes that unclaimed seller earnings or credits will be escheated to government authorities following the applicable statutory dormancy period, and that a dormancy fee may be assessed before escheatment where permitted by law. Users who do not maintain current payment information are at risk of losing access to redeemable balances.

How does this clause affect you?

Under this clause, users who fail to update their payment account information and do not claim redeemable funds within the statutory dormancy period will have those funds transferred to government authorities. A dormancy fee may also be assessed where permitted by applicable rules before escheatment occurs.

Is ConductAtlas affiliated with Poshmark?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Poshmark.