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-   -   adding deposit method (https://www.aspkin.com/forums/amazon/127950-adding-deposit-method.html)

Canadianleaf 07-15-2019 10:57 PM

adding deposit method
 
Been selling on Amazon.ca for 7 months. Recently started to sell on Amazon.com. If I add a deposit method on Amazon.com (Have not added a bank yet) will it trigger a review? Suspension? Request for documentation? Cant risk anything, especially with textbook season round the corner.
https://i.imgur.com/7fj5CT1.jpg

Canadianleaf 07-16-2019 11:45 AM

Re: adding deposit method
 
Quote:

Originally Posted by tinsoldier (Post 1019238)
Will you be using the .ca one already registered with them?

As its already linked/assigned to your account then it wont be an issue.

I wont be using the .ca bank already registered.

I will be using a separate, US bank. Completely different then the .ca bank.

Beautiful 07-16-2019 12:24 PM

Re: adding deposit method
 
anytime you update bank/card it will put the account through an automated review

if you have no account issues you'll see no notifications/nothing happen

if for example you previously messed up and linked your store to a suspended store a week ago, this is when that problem will come up

Canadianleaf 07-16-2019 01:04 PM

Re: adding deposit method
 
Quote:

Originally Posted by Beautiful (Post 1019326)
anytime you update bank/card it will put the account through an automated review

if you have no account issues you'll see no notifications/nothing happen

if for example you previously messed up and linked your store to a suspended store a week ago, this is when that problem will come up

Understood. Some others are telling me it will automatically suspend me and I should have a POA ready.

And just to be clear, this is for adding a deposit method on Amazon.com. I've never had a deposit method on Amazon.com. I only have a deposit method on Amazon.ca currently for this account.

If I add a deposit method will wait until Sept / Oct until textbook season is over at the very least to not risk my account. Im extremely hesitant about this. I remember a month ago I changed my charged method and I was suspended for like 2 weeks and was hell getting reinstated.

agent006140 07-16-2019 03:22 PM

Re: adding deposit method
 
just curious,if you dont give them a deposit method,what happens to the sales proceeds?
Did they stay in your AMZN USA account ?

Canadianleaf 07-16-2019 05:28 PM

Re: adding deposit method
 
Quote:

Originally Posted by agent006140 (Post 1019354)
just curious,if you dont give them a deposit method,what happens to the sales proceeds?
Did they stay in your AMZN USA account ?

I would also like to know this. Does anyone know? Does it sit indefinitely?

agent006140 07-16-2019 06:48 PM

Re: adding deposit method
 
I wonder if you can ask them to send you a check,like Paypal does/
But what would be the confirmed address

rsot 07-16-2019 07:19 PM

Re: adding deposit method
 
Quote:

Originally Posted by Canadianleaf (Post 1019376)
I would also like to know this. Does anyone know? Does it sit indefinitely?

Thought you always need a bank account on file once sales start coming in, no? They make requests to add bank account. If you don't, which I never risked "not doing"...I suspect the account could be suspended

Canadianleaf 07-16-2019 09:02 PM

Re: adding deposit method
 
Quote:

Originally Posted by rsot (Post 1019405)
Thought you always need a bank account on file once sales start coming in, no? They make requests to add bank account. If you don't, which I never risked "not doing"...I suspect the account could be suspended

Why would it be suspended?

.ca has bank on it.
.com has no bank on it.

Both have sales coming in.

agent006140 07-17-2019 07:33 AM

Re: adding deposit method
 
you could ask on AMZN forum if AMZN will send a check,I know Paypal does ,for a fee.
I know with Paypal,some US sellers prefer not to have their paypal fund deposited in their bank account.or some do not have a bank account.

agent006140 07-17-2019 09:12 AM

Re: adding deposit method
 
no one seems to have a definite answer if his account would be reviewed,so if he does not want to take a chance,then asking for a check would be an alternative.
AMZN used to have many indvidual selling paperback books for a penny and make money on shipping until AMZN bans 1 cent sale,some dont have bank account or they dont want the money deposited in their bank account.
I have never asked AMZN for a check,may be if he asks on AMZN forum,someone would tell him .
You would be surprised what some folks dont have,some dont have a phone,land or mobile,many dont have bank accounts or their bank account is in negative territory ,some dont have confirmed address as they just rent a room,some have been living in their vans and yearn for a homecook meals .
Some are homeless,they use the library or homeless shelter PC to go online.

SaiJin 07-17-2019 11:21 AM

Re: adding deposit method
 
Canadianleaf:

From my experience if your account already has history and verified and it just needs an update , it shouldn't trigger anything. Mark attention to the word "shouldn't" .

Btw, how's amazon canada in terms of sale / conversion?

SaiJin 07-17-2019 11:27 AM

Re: adding deposit method
 
Quote:

Originally Posted by tinsoldier (Post 1019612)
That would be my take, particularly if their .ca account is established.

I take it you manage all North American accounts through the same portal like we do our EU accounts. This would suggest its unlikely to trigger concern at their end.

I Did recently talk to a rep in USA and I needed to update a CC as well as turning one of my acc to personal for the month and he said because my account was verified and I'm established, it shouldn't ask for anything.

agent006140 07-17-2019 11:59 AM

Re: adding deposit method
 
OP said he has sales coming into his AMZN USA account already,so he has no problem listing and selling on AMZN USA despite not adding a deposit method.
I wonder if he can just add his CA bank account for his US amzn account,how do all the Chinese sellers selling on AMZN USA get paid?what bank account did they add as deposit method?

Canadianleaf 07-17-2019 01:17 PM

Re: adding deposit method
 
Thanks for the info everyone. I defintleiy don't want a check as tinsoilder stated.

Ill add my US bank to my .com in Q4 after textbook season and pray nothing will happen.

@Saijin .ca is small fish compared to .com. USA has 10x the population of Canada and much more lucrative. But Canada is my home market and ive been selling in a few niches for a while so its okay for me atm.

agent006140 07-18-2019 07:07 AM

Re: adding deposit method
 
amzn business solution agreement update-
P-5 Dormant Accounts
If there is no activity (as determined by us) in connection with your Seller Account for the period of time set forth
in applicable unclaimed property laws and we hold Sales Proceeds on your behalf, we will notify you by means
designated by us and provide you the option of keeping your Seller Account open and maintaining the Sales
Proceeds in your Seller Account. If you do not respond to our notice(s) within the time period we specify, we will
send the Sales Proceeds in your Seller Account to your state of residency, as determined by us based on the
information in your Seller Account. If we are unable to determine your state of residency or your Seller Account is
associated with a foreign country, your funds may be sent to the State of Delaware.
Marketplace Web ServiceSelling Partner API Terms


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