Amazon deposits...ACH?

[agray34]

When amazon does a disbursement out of your seller central account, is this disbursement transferred as an ACH?

I spoke my my local bank and they told me that if the routing number and account number match, the account name does not matter if it is an ACH.

I just am trying to confirm if Amazon is disbursing these payments via ACH?

TIA

[An0nym0u$]

It can be either. It is explained under...

Getting Paid > Transfers to Your Bank Account

Amazon transfers funds to your bank account through an Automated Clearinghouse (ACH) or electronic funds transfer. It can take 3 to 5 business days for the funds to be transferred to your bank account. Business days are Monday through Friday, excluding the federal holidays listed below.

[MICKY H]

If you are a domestic customer you are paid ACH and if you are an international seller its a wire transfer. Thats my understanding anyway.

[Kelly441]

Originally Posted by agray34

When amazon does a disbursement out of your seller central account, is this disbursement transferred as an ACH?

I spoke my my local bank and they told me that if the routing number and account number match, the account name does not matter if it is an ACH.

I just am trying to confirm if Amazon is disbursing these payments via ACH?

TIA

What bank told you this?

[kenshintr]

Its ach. Just confirm it by looking at my banks statement.

[agray34]

My small local community bank told me the only way a human is involved with receiving a transfer is if the account number does not match but the routing number does. Then they would match my the account name.

[MADBRAZILIAN]

* they can charge beyond the chargebacks credit card also my current account registered to receive my sales?

[ronin]

Yes it is an ACH and depending on the bank the name does not matter.. My bank told me the same thing as you.... I have had alot of money come from amazon with no problem

[Kelly441]

Originally Posted by ronin

Yes it is an ACH and depending on the bank the name does not matter.. My bank told me the same thing as you.... I have had alot of money come from amazon with no problem

What bank?