Amazon payment plan:
Which one to select? Classic or Performance?
If I select a check payment how will I draw the payment when I get the check? From any bank or what? Will the check come to my address? If I select direct deposit what type of bank or account I need?
Choose performance plan.
You will need to opt for check payment, and you will receive the check at your postal address. Do you have a bank account in your name? If not, then open a saving account with a bank. When you receive the checks, you deposit them in your account - attached with a form (called pay-in-slip) that you will get in the bank.
Since it will be a foreign exchange txn, the check may take some time to clear - I get my payment after 14 days - at least.
I chose performance so that, if I sell more items, above set criteria, I get paid a higher percentage for all my sales (with some exceptions).
With check payment you will need a bank account to pay it into. The bank will charge you a currency conversion fee (which could be significant if the check is for a small amount). You cannot pay it into just any bank, just the one you bank with. If you set up a dollar currency account then the dollar check you receive can be paid in without currency conversion fees. Fees will accrue if you transfer money from the dollar account to your usual account.
I am assuming here that your country currency is not dollars.
If you are outside the US then direct deposit is not an option - I believe.
by Susannah Birch 3 years ago
I've posted on their wall about it - from the time a sale is made, I could be waiting up to 5 months to see that money in my bank account, even if I reach the payout limit every month. If you have a minute, please go like and comment. Doubt they'll make a change, but may as well try...
by Juliette Kando FI Chor 6 years ago
I live is Spain. I have receive a cheque from Amazon but my bank won't accept it, saying that the cost of returning the cheque to source for approval would cost more than it's worth! Now I have a cheque that is useless. Why does Amazon not use Paypal? How do you guys get to your Amazon earnings?...
by Bev G 7 days ago
Great news. I just had an email saying that international earnings can now be paid by direct credit to a local bank account. Yay! I hold off claiming mine because of the extortionate charges of paying in a foreign currency cheque.Here's the email..."We have good news to share. You can now...
by Susana Serer 8 years ago
Feeling pretty stressed out right now . Was looking at my bank account today and found to my horror that the amazon cheque I paid in about 10 days ago has bounced (been reversed). I called the bank and they said it was a problem at Amazon's end and that the cheque had not been verified. I have...
by Lily Rose 6 years ago
I'm stumped (and a little pissed) because I still have not received my Amazon payment. Amazon is indicating that it was direct deposited on 12/29 - usually I get it right away, sometimes even a day or two before it shows. My bank has no record of any deposit coming in from Amazon. ...
by Alison Graham 8 years ago
Hi, I have just checked Amazon.com for payment details. It seems that you can get paid direct to your bank if you are in USA or get paid by Amazon.com gift certificate. If you want to be paid by cheque, earnings have to be $100. How can I get paid in UK? I can't have the...
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