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
• Use a third-party currency conversion service

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 for Sellers

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:

1. On the Settings link, click "Account Info."
2. Click the "Edit" button next to "Deposit Method."
3. On the Deposit Method page, either select an existing bank account from the drop-down list or choose "Use a New Bank Account" and select the country of your bank account in the "Bank Location Country" drop-down menu.
4. 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 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.