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Old 01-06-2016
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Default Disbursement not received due Bank name

Hello.

We are using Amazon Ghost technques to own several trading accounts.
We have just formed a company and opened a bank account within comany name.

We thought its a good idea to add the bank account to one of our amazon accounts for disbursements, so we did it. But the amazon account on ghost name which is not real, and our company bank account is under our company name. Disbursement has been made on December 28th, now its Jan 6th and money still has not reached us yet.

We think the bank did not accepted different name, we are very concerned about what will hapen with our disbursement now, as it is 5 figures.

Could anyone share their experience, what happens with disbursements from amazon, when it was not accepted by bank due to names mismatching ?
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Old 01-06-2016
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Default Re: Disbursement not received due Bank name

Then ask your bank if an inward payment was rejected. They will have a record of this.

If the bank rejects the payment it will be credited back to your amazon seller account.
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Old 01-06-2016
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Default Re: Disbursement not received due Bank name

It will return to amazon and will be added to your balance.
What name did you put when inserting the bank details for amazon ?
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Old 01-06-2016
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Default Re: Disbursement not received due Bank name

I have contacted the bank and they said in order to receive disbursements we have to use correct name, they are not able to see if there was any incoming rejected payments.

I am wondering what time is it going to take for funds to be back into my amazon balance, can anyone suggest ?
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Default Re: Disbursement not received due Bank name

it happened to me before and took around 2 weeks.
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Default Re: Disbursement not received due Bank name

Quote:
Originally Posted by fresharmor View Post
Hello.

We are using Amazon Ghost technques to own several trading accounts.
We have just formed a company and opened a bank account within comany name.

We thought its a good idea to add the bank account to one of our amazon accounts for disbursements, so we did it. But the amazon account on ghost name which is not real, and our company bank account is under our company name. Disbursement has been made on December 28th, now its Jan 6th and money still has not reached us yet.

We think the bank did not accepted different name, we are very concerned about what will hapen with our disbursement now, as it is 5 figures.

Could anyone share their experience, what happens with disbursements from amazon, when it was not accepted by bank due to names mismatching ?
which bank was it?
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