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-   -   Amazon - physical address and bank account (https://www.aspkin.com/forums/amazon/70060-amazon-physical-address-bank-account.html)

minns 02-06-2014 06:36 PM

Amazon - physical address and bank account
 
I am working on establishing my first Amazon steal account, and I have a question related to the physical location of my bank in relationship to my business office.

I created a DBA (Doing Business As) account at an area bank. Shortly after that account was created, I secured a rental office in a town 30 minutes away from the bank.

Will the fact that my bank and my mailing address are in two separate towns trigger red flags with Amazon?

Also, can anyone clarify the earnings limit issue? I have a friends who is selling on Amazon, and he broke $2,500 in sales last month. But a few people here had told me that anything over $750 will raise red flags.

Any answers to these questions would be appreciated.

Thanks.

shani1212 02-06-2014 07:07 PM

Re: Amazon - physical address and bank account
 
minns, You should not worry about your bank and mailing location for being far from apart but surely for second question. Anything over $ 1000 will raise red flag. I happened to be back in 2012. I was actively selling w/o any problem $ 700 dollar a month and going slow then one month i sold over $ 1500, Amazon suspended me w/o any reason or notification..

error 02-06-2014 09:59 PM

Re: Amazon - physical address and bank account
 
Amazon will not ask for the Address to your bank, all they ask for is the Routing Number and Account number, there can be several Brances of your bank within a 50 mile radius that use the same routing number, therefore they can not use that against you.

The "How Much Can I Sell" question again? There is no set limit, I don't care what anyone on this forum tells you, there is no limit.

You can sell 1 item, 10 items, 3 items, eventually you will trigger a review regardless of how you go about it.

The key is to sell legit items, if the items are a highly ⊗⊗⊗⊗d item, I would not waste your time listing it on a newly created Amazon account.

Amazon says 200 items/10K before they ask for Tax Information, however I am sitting at roughly 50 items, and 4500 in sales, and my sells were suspended until I provided tax information.

minns 02-07-2014 12:18 AM

Re: Amazon - physical address and bank account
 
Thanks for the detailed answers. Is there any way around the sales limit? Or the tax issue?

Has anyone here who was suspended gotten back to a point where they can generate significant sales each month without being suspended again?

I'll welcome any feedback before I get going full title with this.

error 02-07-2014 01:30 AM

Re: Amazon - physical address and bank account
 
Amazon reviews are just part of that sales outlet, there's no way around it and no avoiding it.

The key to Amazon is not to sell bogus merchandise. IT will get you suspended so fast, and 7/10 times your account will be deleted and your money is gone forever.

If you are going to be selling LEGIT items you have nothing to worry about.

Just know going into it, it will be a solid 45-60 days before you get your first disbursement.

There is no way around the sells limit, the only way around the TAX limit is to keep your sales low, for the entire year, or give them your social.

If you are doing everything legit, giving them your social, and paying your taxes are just part of the game.


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