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Amazon payment transfer to personal account
 

Hi,

I would like to change my business bank account on Amazon to my personal bank account. Both are on my name. Approximate disbursement per month £100-150k. I sell on Amazon.co.uk
If/when my bank asks from where the money coming from, what can I tell them without saying that it's a business money transfer? And if I tell them that it's money from the business (which I prove) what can happen?

Re: Amazon payment transfer to personal account
 

Welcome to the forum - all the best as you master ghost :thumb:

Re: Amazon payment transfer to personal account
 

If you're updating bank to a new unique # with the same bank holders name as your last one, you shouldn't raise any flags

Whether your personal bank account has issues with the volume you're talking about will be up to the bank you're with

But volume that high you will typically want a business checking