Overview

Amazon's Seller Wallet is an optional financial service that gives marketplace sellers a virtual account to manage their sales proceeds directly within the Amazon ecosystem. Rather than routing all payouts to an external bank account immediately, sellers can store funds, transfer them to linked bank accounts, and even make business-related payments to third parties — all from within Seller Central. Understanding the terms governing this service is essential for any seller considering it as part of their cash flow strategy.

Key Points / What Sellers Need to Know

• Stored value account for business use only — Seller Wallet functions as a prepaid or stored value product designed exclusively for commercial purposes tied to your Amazon seller account.
• Three core functions — The service allows you to store sales proceeds in a virtual wallet, transfer funds to verified bank accounts, and make payments to third-party vendors or service providers for business expenses.
• Requires a seller account in good standing — You must maintain an active, compliant selling account under the Business Solutions Agreement (BSA) to access Seller Wallet.
• Bank verification is mandatory — Amazon requires sellers to register and verify bank accounts, and may request accounts issued directly by deposit-taking institutions.
• Subject to identity and compliance checks — Amazon and its banking partners will conduct know-your-customer (KYC), anti-money laundering (AML), and sanctions screening using your registration details.
• Terms can change with limited notice — Amazon reserves the right to modify the Seller Wallet agreement, with some changes taking effect immediately and others after a 15-day notice period.

How Seller Wallet Works

When you register for Seller Wallet, Amazon creates a virtual account linked to your seller account. Your sales proceeds from the Amazon marketplace can be held in this wallet rather than being disbursed to your bank on the standard payout schedule. From the wallet, you have the flexibility to transfer funds to your verified bank accounts in supported currencies and jurisdictions, or to make direct payments to business vendors and service providers. The banking infrastructure behind the service is provided by JPMorgan Chase, N.A. and other financial institutions Amazon designates. Importantly, this wallet is entirely separate from any personal Amazon account or Amazon business purchasing account you may hold.