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Old 11-27-2018
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Default Amazon to Payoneer to bank account

Hello,

I'm non US citizen. My plan is to have income from Amazon transferred to a Payoneer account (under the same name of the Amazon account of course).

Here comes the tricky part. Payoneer doesn't allow to transfer funds to bank account that is not owned by the account owner. I have two options:
1. Request approval from Payoneer to transfer to a bank account I don't own but then they ask for a reason which I believe won't be accepted by them.
2. Send the funds from the Payoneer ghost account to my personal payoneer account and from there to my personal bank account.

Did anyone try deal with the same issue and can recommend on plan of action?
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Old 11-27-2018
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Default Re: Amazon to Payoneer to bank account

Amazon Stealth shop name John Smith

payoneer bank is your real details

to transfer from payoneer to another bank of your information should match

unless i'm misunderstanding something?
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Old 11-27-2018
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Default Re: Amazon to Payoneer to bank account

Quote:
Originally Posted by Beautiful View Post
Amazon Stealth shop name John Smith

payoneer bank is your real details

to transfer from payoneer to another bank of your information should match

unless i'm misunderstanding something?
Doesn't work anymore, bc payoneer now adds a digital signature to their documents... so you'll be unable to prove ownership of the bank account.

If you know something I don't please PM me
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Old 11-27-2018
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Default Re: Amazon to Payoneer to bank account

Interesting... but I'm not sure I follow what you mean by unable to prove ownership

To amazon?
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Old 11-27-2018
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Default Re: Amazon to Payoneer to bank account

Yes, amz is asking you to prove that you are the owner of the bank account. If it's not a payoneer global payments account but a "real" bank account that is added, you'll need to send in a confirmation from your bank or a bank statement. SInce Payoneer doesn't have a bank statement they'll just confirm you're the account owner. This was done by a simple PDF which could be altered. However nowadays payoneer gives you a pdf with a digital signature which can not be altered anymore. Thus you won't be able to prove ownership of the payoneer / bank account unless the names on your amz and your payoneer match.
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Old 11-27-2018
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Default Re: Amazon to Payoneer to bank account

Does that mean it's better to use real name for the Amazon Ghost account when using Payoneer? If everything else is different, hopefully they think it's another person with the same name. Tricky if your name is unique.

Last edited by Joe_Joe; 11-28-2018 at 12:10 AM.
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Old 11-28-2018
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Default Re: Amazon to Payoneer to bank account

That's interesting I've not seen that yet, but I know people are still adding payoneer and using their old bank statement templates to get approved
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Old 11-28-2018
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Default Re: Amazon to Payoneer to bank account

use hyperwallet, they are great. I use them for some time, the Virtual Bank Account is in my stealth name, then the transfer will go to my real bank account.

My bank account is held in mexico
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Old 11-28-2018
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Default Re: Amazon to Payoneer to bank account

btw they supply you with a bank letter to verify it with amazon
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Old 12-01-2018
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Default Re: Amazon to Payoneer to bank account

I do option 2. Receive with payoneer same name of the Amazon account and send to your real payoneer name and withdraw to your bank.
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Old 12-01-2018
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Default Re: Amazon to Payoneer to bank account

Sure, you can do option #2.

But you can also add multiple amazon stores to your Payoneer Store Manager.
In addition you get a unique bank account for each new store.
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