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  #1  
Old 07-08-2012
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Default Amazon deposit to bank account

I remember reading that you can BOTH the "Checking" and "Savings" (total being 2 accounts, instead of just 1) to Amazon seller accounts.

My question is, since you need to type in the "routing number" (same routing number on check), and this "routing number" is the SAME for both "Checking" and "Savings" -- then wouldn't this automatically be linked and banned?
I wanted to use the info off the "Checking account" of my chasebank to Amazon account #1 and info off "Savings account" to another Amazon account #2.. But then realized the routing number is the same??! What can I do what is the solution for this??

Thanks in advance.
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Old 07-08-2012
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No, because routing numbers are commonly used banking financial information.
You won't get linked via the routing number, just simply because of the fact
that hundreds if not thousands of other people are using the exact same routing number
to enter their financial info online (Routing #s = Bank identifier).

As long as your account number is different, you should be fine...

Now, what I would like to know though, is if the money really does get deposited via ACH to US Savings accounts and not only checking,
if anyone has actually done this? Because there seems to be no specific, direct answer to this question.

Last edited by Javelin; 07-08-2012 at 01:24 PM. Reason: Haiku spacing.....I like to make my posts easier to for you to read. :)
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Old 07-08-2012
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The routing can go by bank or state. So millions of people can have the same.
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Old 07-08-2012
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As long as the account numbers are different, you CANNOT be linked based on bank account info alone...unless you tell AZ directly or try to re-use the bank accounts.
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Old 07-09-2012
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Quote:
Originally Posted by rsot View Post
As long as the account numbers are different, you CANNOT be linked based on bank account info alone...unless you tell AZ directly or try to re-use the bank accounts.
I'm going to try this out soon too ... I'll report back how this works out
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Old 07-13-2012
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Quote:
Originally Posted by Javelin View Post
No, because routing numbers are commonly used banking financial information.
You won't get linked via the routing number, just simply because of the fact
that hundreds if not thousands of other people are using the exact same routing number
to enter their financial info online (Routing #s = Bank identifier).

As long as your account number is different, you should be fine...

Now, what I would like to know though, is if the money really does get deposited via ACH to US Savings accounts and not only checking,
if anyone has actually done this? Because there seems to be no specific, direct answer to this question.
I use BoA savings account and it goes through every time. So I can say yes to that question.
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Old 07-13-2012
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Quote:
Originally Posted by rabkeny View Post
I use BoA savings account and it goes through every time. So I can say yes to that question.
Wow you can use your Savings account to accept disbursements from Amazon?

I didn't know that!

So if my checking account number is tied to a banned account, I can just use my savings?
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Old 07-14-2012
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Quote:
Originally Posted by bboard View Post
Wow you can use your Savings account to accept disbursements from Amazon?

I didn't know that!

So if my checking account number is tied to a banned account, I can just use my savings?
Yes, you absolutely can.
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Old 07-14-2012
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You can use a savings account. I use three presently. But be forewarned though: you can only withdraw up to six times only a month using a savings. You then will get penalized and possibly have account closed. If need be, just ask to have it transferred to regular.
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  #10  
Old 07-16-2012
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yes, you can have amazon deposit the money into a saving account.but the problem is that you can only transfer money from saving to checking account( to atm card or debit card to withdraw the money ) up to 6 times a month. if you excess that amount, your savings acound could be closed by the bank. hsbc closed all my saving accounts and sent me paper check for the funds that were remained in the saving accounts.
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