I'm on managed payments, moved over a week or so back.
It's been a bit of a nightmare when things go wrong though!
Sold an item, the buyer then cancels 5 minutes later, couldn't accept the cancellation as it said I had no payment options to pay him out, yet my bank account detail was registered on there and the payout was pending from the buyer. 2 days passed, the funds were paid into my bank account, yet still couldn't accept the cancellation, it kept asking for a payment option, spoke to Ebay support numerous times over the next few days, being passed from department to department, none of them really knew the new system that well. Kept telling me to just leave it until the system automatically refunded. That date passed, still nothing. I then had to add a credit card to my account as well to allow me to accept the cancellation/refund the buyer. Did that, then my bank decided to block the transaction thinking it was fraud
, had to ring the bank up, tell them it was legit. Tried it again, finally went through, then in the new Seller hub it says it's taking the funds from my bank account and not the credit card LOL! That was friday just gone, the money is still sitting in my current account as we speak.....what a palava!