Amazon Bank Account Addition Process

Steps to Add Amazon Bank Receiving Account

In today's booming cross-border e-commerce industry, Amazon, as one of the largest e-commerce platforms in the world, has attracted countless merchants' attention. For sellers who hope to promote their products to international markets, learning how to correctly add a bank receiving account is a crucial step. This article will provide a detailed introduction to the process of adding an Amazon bank receiving account and combine it with some relevant news information to help you better understand this process.

First, log in to your Amazon seller center account. Ensure that you have registered as an Amazon seller and completed basic information settings. After logging in, find the settings option and select Account Information from the menu. Here, you can view and manage all the information associated with your account, including payment methods.

Next, click on the sidebar item labeled Deposit Methods or similar options, whose specific name may vary by region. This step is to enter the page related to fund settlement. On this page, you will see a button usually marked as Add New Bank Account or something similar. Click this button to start adding a new receiving account.

When filling out the bank account information, be sure to carefully verify each item. Amazon requires complete bank account details, including the name of the opening bank, city, SWIFT code if applicable, and the specific bank account number. These pieces of information must be accurate; otherwise, funds may fail to arrive smoothly. It should be noted that Amazon may verify newly added bank accounts, so please ensure that the provided information is true and valid.

According to news reports, in recent years, Amazon has strengthened its efforts to enhance platform security by tightening reviews of seller identities and bank account information. For example, some media reported that Amazon began requiring sellers from certain countries to submit additional identity verification documents, such as copies of passports or tax registration certificates. Although these measures may cause inconvenience for sellers, they help maintain the integrity of the entire platform and reduce the occurrence of fraudulent activities.

After completing the above steps, Amazon typically processes your request within a few days. During this period, you can log in to the seller center at any time to check the progress. Once the bank account is successfully added and activated, Amazon will transfer sales revenue to the account at set intervals. Generally, Amazon deducts the corresponding service fee before transferring the remaining amount to the seller’s account.

In addition to the above routine operations, there are some tips that can help you use Amazon services more efficiently. For instance, regularly check the status of your bank account to ensure there are no abnormal transactions; familiarizing yourself with Amazon's exchange rate policy is also important, as currency conversion between different currencies may affect final income. With the development of cross-border trade, more third-party payment tools have joined Amazon's list of partners, such as PayPal and WorldFirst. If you find traditional bank transfers inconvenient, you can consider using these services to simplify the receiving process.

Finally, let us review the entire process of adding a bank receiving account from logging into the seller center to filling in detailed information, to waiting for the review to be completed, every step requires patience and care. As mentioned in the news, Amazon is always committed to creating a better shopping experience for global buyers and sellers. As sellers, we also need to continuously learn and adapt to changes in the platform to seize more business opportunities. Believe that as long as you master the correct operating methods and maintain a good communication attitude, you will definitely achieve excellent results on the Amazon platform!