Overview

Amazon now allows sellers to register more than one bank account for receiving disbursements, eliminating the need to endure a new security hold every time you want to switch where your funds are sent. This update streamlines payment management for sellers who need flexibility in how they receive their earnings from the US store.

Key Points / What Sellers Need to Know

• Multiple deposit methods supported — Sellers in the US store can now add up to two bank accounts to their Seller Central account, rather than being limited to a single deposit method per store.
• One-time security hold — Each new bank account goes through a standard three-day security hold when first added, but once verified, you can switch between active accounts without triggering additional hold periods.
• Default deposit method required — You must always have one default deposit method designated to receive disbursements from the US store. All earned funds are sent to whichever account is set as the default.
• Easy switching — Once multiple accounts are verified, you can change your default deposit method at any time through the Deposit Methods page in Seller Central without any delays or freezes on your funds.

How It Works

Previously, Amazon sellers could only register a single bank account per store for receiving payments. Changing that account meant adding a new one and waiting through a mandatory three-day security hold during which no funds could be transferred. This was particularly inconvenient for sellers who needed to route payments to different accounts for business or accounting purposes.

Under the updated system, sellers can proactively add a second bank account at any time. The three-day security hold applies only once — when the new account is first registered. After the hold clears, both accounts become available as active deposit methods. Switching between them is instant, with no additional waiting period required.

How to Add a New Bank Account

To add another deposit method, navigate to the Settings menu in Seller Central and select Account Info. From there, go to the Deposit Methods section and click the option to register a new deposit method. You will need to select your bank's country from the dropdown menu and enter your bank account details. During this process, you can also choose whether to make the new account your default deposit method. After accepting any applicable terms and conditions, submit the information and the three-day verification hold will begin.