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:
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.
When entering information for your Canadian bank account, you need the following information:
You can find this information on your cheque. Example:
Cheque serial number: 408911
Branch number: 10202
Bank number: 0004
Account number: 06940234567
When entering your information in your seller account, enter:
Whenever you add or change your bank account information, a three-day security hold goes into effect. Fund transfers cannot be initiated until the hold expires. Only the primary account owner can make changes related to payment information.
To add new bank account information to your seller account:
To update a new payment method, you will need your complete existing bank account number during the verification process.
This serves as an additional level of security to protect you from fraud. By requiring you to enter the complete deposit account number that you currently use, this authentication feature ensures that only authorized users can change methods for receiving payments.