How to Set Deposit Method in Seller Central (Bank Account Setup)

Bank account information

Amazon uses electronic transfers to pay your sales proceeds to you. Before you can receive payments, your seller account must specify a bank account for us to deposit money into. We cannot transfer funds to a credit card or online payment system such as PayPal.

To avoid payment delays:

Your seller account must have a business address associated with it.
Your bank account must be located in a country supported by the Amazon Currency Converter.
Your bank account information must be up to date.

You can use the Amazon Currency Converter service to register a bank account that is located in a different country from the marketplace where you are selling. See the Amazon Currency Converter for Sellers FAQ for details.

Bank account information

Add, view, and update your bank account information
Identify your bank account information

#depositmethod #bankaccount #amazonseller #amazonfba

[creatorshub_]

Hello! I tried so many times adding account but its ending up in the error “Either Institution Number or Transit Number is not correct” please help me out thanks

[Qrazey]

Just got approved today, I feel amazing ready to start my Amazon Journey.
Thanks for a quick valuable info

[KSL-sd]

Need guidance on registering for other markets, only option showing is Mexico

[Theuk]

Hi thank you for your help i have a question please answer me 😊 I opened my seller account with my credit card now asking me to Assign deposit method, asking bank sort code but credit card don’t has a sort code so shall I put my debit card information? I’m in United Kingdom

[CuocsongtaiTQ]

Hello, I have problem with deposit method, I can not change or add new method, please help me

[MrFrankdonnelly]

Hi I have an seller account but haven't used it since 2017. Im trying to change bank detail. But it looking for iban to old bank details, as bank account is close what do i put into the iban field?

[ivs]

HI, I've filled in all then card info on the payments tab, but my seller centeral app keeps saying "something is wrong please try again sometime later " I already assigned a deposit method 1-2 times today. And then it resettled it again.

[lisac.k.rangno]

Hi..I've been trying to set my deposit method in my seller account and input my bank account info, however its keeps telling me that "something has gone wrong and to try again later ". This has happened every time I've attempted to set up. Please advise. I am inputting my bank account information exactly as they request

[dilshanmander]

Hey, My amazon seller account keeps showing "your deposit method is missing or invalid" even though i've added a method. Do I have to add a method for each marketplace (US, MEXICO) to finally move onto listing my product? please help

[ProGamerz]

hi i have a debit card added onto my amazon seller account and everytime i go to add a listing it says that my card is invalid or going through verification this has been going on for many days and im unable to add a listing because of this even though my card has been verified

[Peaceandhappiness]

Can I use my personal account to be paid out on Amazon under a professional account? Or do I need to set up a business bank account?

[morise]

Hi,
To activate payment method on Amazon seller, do you need to have same credit card for deposit method and charge method ? I am having trouble with this. What do you suggest to find a solution.

[ricktorres]

How do you know if your bank account is active? As I have switched my bank account on Amazon?

[qualityperfection]

Aloha ! Keep getting a message saying i am forbidden from doing so ( change the bank account) Connected seller central, they said i should clear the cookies, i did it same result, anyone here got this problem? I am the brand owner of course .

[tomsagi]

Hi Steven, is it safe to change the deposit method on a new account before even shipping any inventory to Amazon?

[LeanonGodforever]

Hi how are you I’m battling to set deposits method im not a U.S citizen but I would like to sell on Amazon but the issue im facing it to add deposit method which doesn’t allow banks outside America an UK Mexico what should i do

[chrissy]

Hi there I put debit card as my deposit method and Is it true that it needs to be credit card? I also apply for Chase credit card, do you think chase is a good credit card for this if not what is a good credit card? Thank you

[HUZAIFA-nykh]

PLEASE ANSWER MY QUESTION I HAVE 2 different amazon accounts ONE IS ON FRNDS NAME AND ONE IS ON MINE (MINE ONE IS NEW ) MY BANK CARD IS ADDED IN DEPOSIT METHOD ON MY FRND’s account. CAN I ADD MY BANK ACCOUNT IN MY DEPOSIT METHOD TOO ? is it ok to add the same bank account in deposit method ON 2 different seller accounts

[amalgp]

i am trying to register on Deposit Method and i am in Egypt and i will sell here in egypt but i only have 3 options (USA, Canada and Mexico) which one should i choose if i don't have account on USA

[aceyourlife]

It won't let me add a deposit method. I'm in the UK and it won't accept my bank account details. It also has account holder name as the name of my shop and not my actual name and doesn't give an option to change it. Please help. It says I need a Payment Service provider and the explanation is really tricky to understand...