Daily Archives: April 10, 2017

Update your amazon account information: Bank account information

Bank account information

To receive payments, you must specify a bank account. We cannot transfer funds to a credit card or online payment system, such as PayPal. To make payments, you can use a credit card, but you must provide a bank account for deposits.

The following also applies:

Amazon pays sales proceeds to your bank account by electronic transfer.

Note: There is a mandatory 3-day security hold before any changes to bank account information can take effect. Transfers of funds cannot be initiated until after the hold period, which begins on the date you provide your bank account information.
Update bank account information

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Add your bank account information

To add your bank account information, complete the following steps:

  1. Go to Settings, and then click Account Info.
  2. On the Seller Account Information page, under Payment Information, click Deposit Methods.
  3. Next to Deposit Method, on the right side of the page, click Edit.
  4. Next to the appropriate marketplace, click Edit.
  5. Click Use a new bank account.
  6. Using the drop-down list, select your Bank Location Country.
  7. Enter the information requested in Where You Will Be Paid.Contact your bank directly if you have any questions about bank account requirements for each country.
  8. If you selected a country with a currency other than the marketplace you are selling in, go to Currency Conversion Payment Agreement, click Agreement, and read the agreement.
  9. Check the Currency Conversion Payment Agreement box to accept the terms of the agreement. Learn more about Amazon Currency Converter.
  10. Click Submit.

If you have any difficulty submitting your bank account information, see Why was my bank account information rejected?

Note: To edit existing bank account details, add a new account with the updated information, and then delete the old account.

Delete a bank account

You can delete a bank account from your seller account as long as it is not currently selected as your deposit method. If a bank account is also your deposit account, you must add a new deposit account before deleting a bank account. See Add your bank account information above.

To delete a bank account from your seller account, complete the following steps:

  1. Go to Settings, and then click Account Info.
  2. On the Seller Account Information page, under Payment Information, click Deposit Methods.
  3. Next to Deposit Method, on the right side of the page, click Edit.
  4. Next to the appropriate marketplace, click Edit.
  5. Select the bank account to delete, and then click Delete.
  6. Click Submit.