Overview

Managing your bank account information in Seller Central is essential for ensuring uninterrupted disbursements from your Amazon sales. Whether you're setting up a new deposit method, updating existing details, or verifying your account, understanding the process and its security requirements can help you avoid payment delays. This guide covers everything sellers need to know about handling bank account changes on Amazon.

Key Points / What Sellers Need to Know

• Three-day security hold on changes — Whenever you add or modify bank account information, Amazon enforces a mandatory three-day security hold during which no fund transfers can be initiated, including those from settlement cycles that close during the hold period.
• Only the primary account owner can make changes — Payment information updates are restricted to the primary account holder on the selling account, so other users with access cannot modify bank details.
• Timing matters for updates — Amazon recommends avoiding bank account changes within three days of your next scheduled disbursement to prevent payment delays.
• Verification takes 48 to 72 hours — After submitting bank account verification documents, the review process typically requires two to three business days, and Amazon will notify you by email of the outcome.
• Multi-currency support available — Sellers operating in stores with a different currency than their bank account's country can set up cross-currency deposits through Amazon's currency conversion agreement.

How to Add a New Bank Account

To add a new deposit method, navigate to the Deposit Methods section within your Seller Central account settings. From there, select the appropriate store and use the drop-down menu to choose your bank account's country and currency. You will then need to provide the requested banking details, which vary depending on the country you select. If your bank is located in a country with a different currency than the store where you sell, Amazon will present a currency conversion agreement that you must review and accept before proceeding. Sellers who need multiple deposit methods for different stores can add additional bank accounts through the same interface.