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  #1  
Old 11-25-2015
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Default Adding a bank account

Does entering my bank account info immediately after creating my Amazon Stealth seller account increase the likelihood of suspension?

I seem to remember reading here that its important to wait until prompted by amazon to enter bank information on a newly created stealth account, is this still the case? My bank info is distinctly different from my other accounts.
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Old 11-26-2015
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Default Re: Adding a bank account

Adding a bank account can lead to a review on the account. Its best to have some perfect sales/feedback before getting any type of review, that way if you do get reviewed, you'll have a good chance of getting through it.
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Old 11-26-2015
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Default Re: Adding a bank account

Why would adding a bank account cause a review or suspension. This is basic information ask for on signing up. Amazon expect this.
I always add the bank account when I first start listing stock.
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Old 11-26-2015
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Default Re: Adding a bank account

Quote:
Originally Posted by Taking The Micky View Post
Why would adding a bank account cause a review or suspension. This is basic information ask for on signing up. Amazon expect this.
I always add the bank account when I first start listing stock.
Not very wise. For seasoned sellers, they might have a different approach. But if someone is asking about bank account details and reviews, best to give them the safest recommendation. If you have solid products / happy customers then by all means it doesn't matter when you add the bank account. But if you want to play it safe, have some sales/feedback/stabilize the account before adding bank details. You'll avoid burning through a bank account if issues come up. The 30 day amazon reviews can also turn into a few days or a week, if you have sales/positive feedback to support selling history.

Last edited by elmo; 11-26-2015 at 06:00 PM.
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Old 11-26-2015
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Default Re: Adding a bank account

elmono,

That is just your opnion.

Be careful of bias.

To date not had issues following a similar method to that mentioned by TTM.

My selling volume is not as high as his.

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Old 11-26-2015
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Default Re: Adding a bank account

Elmono,

We all have different views and idea's, but if I were amazon and people were selling goods on my platform I would question why they don't want their sales receipts. 99.9% of people want to sell and get there cash and that why I always add a bank account once I add stock.
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