Payments for global accounts

When opening a new Amazon seller account in a new marketplace, there are several ways you can set up your account to get paid. You can use one of the following methods:

• Use a bank account in the marketplace where you want to list.
• Use Amazon Currency Converter for Sellers (may not be available in this region)
• Use a third-party currency conversion service (may not be available in this region)

Use a bank account in the marketplace

If you prefer to maintain a high level of control over your financial accounts, you can open a bank account in the country where you want to sell. This is typically a more complex process, as you may need to create a legal business entity in that country. So consult your legal, tax, and banking advisors.

Amazon Currency Converter (may not be available in this region)

If you would prefer not to open a bank account in the country of another Amazon marketplace, you can opt for Amazon Currency Converter. With the Amazon Currency Converter service, you can be paid directly in your local bank account in local currency, provided you have a bank account in a country/region and currency supported by Amazon Currency Converter.

How the Amazon Currency Converter Works

When you enter a bank account that operates with a different currency from that of the marketplace in which you're selling, you must accept the terms and conditions of the Amazon Currency Converter in order to receive payment to that bank account. Every disbursement will automatically be transferred to your local bank, in your local currency. If you enter new bank account details, you must accept the Amazon Currency Converter terms and conditions again.

How to start using the Amazon Currency Converter

Once you have created a seller account, follow these steps to start using the Amazon Currency Converter:

1. On the Settings menu, click Account Info.
2. . On the Seller Account Information page, click on the Deposit Methods button in the Payment Information section.
3. On the Deposit Methods page, either select an existing bank account from the drop-down list or click Assign to register a new bank account.
4. Select the country of your bank account in the Bank Location country drop-down menu.
5. Enter your bank account information, accept the terms and conditions, and click the Submit button. Amazon Currency Converter is now active for your account.

Fees for the Amazon Currency Converter

Once you have activated the Amazon Currency Converter and you have a positive balance in your seller account, you can view the applicable exchange rate for that day for transfers to your bank account by clicking the View Exchange Rate button on your Payment Summary page. The applicable exchange rate includes all fees and charges related to your use of the Amazon Currency Converter.