not able to add valid deposit method.
Hey, I am a new seller and want to add a bank account to the “A valid deposit method is required to use your Selling on Amazon account and receive disbursements” . But unfortunately my country is not listed in the list of countries that show up when I click on “Bank Location”. Can anyone help me with this and how should I fix this issue. Thanks
not able to add valid deposit method.
Hey, I am a new seller and want to add a bank account to the “A valid deposit method is required to use your Selling on Amazon account and receive disbursements” . But unfortunately my country is not listed in the list of countries that show up when I click on “Bank Location”. Can anyone help me with this and how should I fix this issue. Thanks
2 respuestas
Seller_LImVvUWeyiCfQ
You'll have to sign up with an Amazon approved Payment Service Provider. Read here (link) and here (link).
Micah_Amazon
Hello @Seller_IGUFZcyp7rf1o,
Thank you for reaching out. The links that @Seller_LImVvUWeyiCfQhas posted are a great start to helping solve the issue. Below, I have provided some additional resources to help.
What is the Payment Service Provider program?
As part of our continued effort to make Amazon the safest and most trusted store in the world for customers and sellers, we launched the Payment Service Provider Program. This enhances our ability to detect, prevent, and take actions against potential bad actors so we can continue to protect customers and sellers from fraud and abuse. Sellers that choose to use a Payment Service Provider (PSP) to receive their Amazon store sales proceeds are required to use a PSP that is participating in this Program.
How do I know if I’m using a Payment Service Provider (PSP)?
You are using a PSP if the bank account you assigned as Deposit Method to your Amazon store is managed by a payment company instead of directly issued to you by a deposit-taking bank.
How do I know if I need to switch my PSP or provide another bank account?
If you use a PSP that is not listed as a currently participating PSP, we recommend you contact them to learn about their enrollment plan. If they do not plan to enroll, switch to one of the following disbursement solutions within 45 days after receiving an email notification from Amazon:
- A bank account provided to you by a participating PSP
- A bank account directly issued to you by a deposit-taking bank accepting disbursements in your Amazon store currency
- Amazon Currency Converter for Sellers (ACCS) disbursing to your bank account obtained either directly from a deposit-taking bank or from a participating PSP
You should also look into seller wallet. Amazon Seller Wallet is a new service that empowers you to store proceeds from your sales on Amazon in a digital account and have more control over when to convert proceeds, and how much to convert.
For more information please go HERE.
Let me know if you have any additional questions.
Cheers,
Micah
