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Banking issue, help needed
 

Hi,

I registered an Amazon account three months ago (stealth) and linked it to my HK bank. A few days ago, my bank refused a payment and informed me that the name and account number must match for transactions over HK$10,000.

Has anyone else experienced a similar issue with an HK bank? (or any HongKong bank accept mismatch name transaction?)

Also, does anyone know if Singapore banks accept transactions with mismatched names?

Thanks in advance.

Re: Banking issue, help needed
 

also I am wondering if worldfirst or payoneer working on mismatch name?

Re: Banking issue, help needed
 

HK bank and funds...interesting - I dont know much about this but following, hoping for ppl with experience

Re: Banking issue, help needed
 

few days ago, my bank refused a payment and informed me that the name and account number must match for transactions over HK$10,000.
---------
To prevent Bank fraud .
what is the name of your bank
Some HK banks would refuse a deposit if names do not match exactly,like Wong Tin Teng vs Wong Ten Teng.
Try a US bank,it will accept anything

Re: Banking issue, help needed
 

Use wise payoneer

Re: Banking issue, help needed
 

I contacted my bank manager and info was confirmed that any transaction above HK$10,000 will be rejected by all HK bank for mismatch name (HK local regulation).

Re: Banking issue, help needed
 

Yes, you are right, HK$10,000 is the limited, lower than that, no problem. above it, rejected by all HK bank.

Re: Banking issue, help needed
 

Does Wise or Payoneer work for mismatch name? how we can get a statement for amazon verification?

Re: Banking issue, help needed
 

Yes
Think outside the box

Re: Banking issue, help needed
 

Either AMZN or Ebay has rejected a Payoneer statement and said it is not your statement,does anyone recall this incident?

Re: Banking issue, help needed
 

what kind of box are you talking about? payoneer , wise and many others exchange information with amazon not only about account owners but also transactions and withdrawal accounts

Re: Banking issue, help needed
 

I wonder if theres anyway you could spit up the transaction to less than HK$10,000?

Re: Banking issue, help needed
 

I dont think AMZN offers a way to split your payments ,but can you use your AMZN fund to buy something so it becomes less than HK$10K
Or convert it into Jap Yen or US $ IF you bank offers foreign exchange account,I know some HK banks offer Yen,US $ ,EU and Canadian $ and Chinese $

Re: Banking issue, help needed
 

Amazon only issue the bank local currecy to your account.
My HK bank accepts all major currecies, but Amazon only issue HK$ to my account at Amazon rate (1.8% lower compare the Bank rate), no wondering Amazon doing this. so there is no way to avoid it.

Re: Banking issue, help needed
 

I'm just wondering if Payoneer works. I know WorldFirst definitely doesn't work for Amazon.

Re: Banking issue, help needed
 

Yes they do and still possible

Re: Banking issue, help needed
 

Using the AZMN funds to buy something, lowering the payout amount sounds like a good solution for now

Re: Banking issue, help needed
 

she cant access the fund to buy,it has to go to her bank account.
With Paypal,it can stay in your Paypal account to spend or transfer to a bank or ask for a check or convert to a different currency

Re: Banking issue, help needed
 

what's the name of your bank?

Re: Banking issue, help needed
 

It does not matter which HK bank,she said it is HK law ,it applies to all banks.
Not many here know Singapore banking,you would have to ask on AMZN or Ebay forum,Singapore is a no nonsense state,you could have the same problem.
May be trying calling AMZN and see if they can do something for you

Re: Banking issue, help needed
 

You are right, It's HK law, all banks applied to it.

Re: Banking issue, help needed
 

Are you HK based? Can't you use a UK bank and transfer it across to HK?