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:
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.
If you'd prefer not to open an account in the country of another Amazon marketplace, you have the option of using Amazon Currency Converter for Sellers. With Currency Converter, you can be paid directly in your local bank account in local currency, provided you have a bank account in a country supported by Amazon. Regardless of the country in which you reside, you may only receive payment to a bank account in a country and currency supported by Currency Converter.
How Currency Converter Works
When you enter a non-U.S. bank account, you must accept the terms and conditions for using Currency Converter to receive payment to that bank account. Every disbursement will automatically be transferred to your local bank in the local currency. If you switch to another non-U.S. bank, you must accept the Amazon
Currency Converter Terms and Conditions again when you enter your new bank account details.
Note: If your bank is not based in one of the countries supported by Amazon Currency Converter for Sellers, Amazon will not be able to disburse payments to your bank account. You will need to open a bank account in one of the countries supported by Amazon-either a bank account in one of the countries where Amazon has a marketplace or a bank account in a country supported by Currency Converter.
How to start using Currency Converter
Once you have created a seller account, follow these steps to start using Amazon Currency Converter:
Fees for Currency Converter
Once you have activated 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 the Payment Summary page. The applicable exchange rate includes all fees and charges related to your use of Currency Converter.