How to Change Bank Account on Amazon Seller Central
Log in to Seller Central: Start by logging into your Amazon Seller Central account with your credentials. Ensure you have access to your current bank account information and the new bank account details you wish to use.
Navigate to Account Info: Once logged in, go to the "Settings" tab located on the top right corner of the Seller Central dashboard. Click on "Account Info" from the drop-down menu. This will take you to a page where you can manage your account settings.
Access Bank Account Information: On the "Account Info" page, find the section labeled "Deposit Methods" or "Bank Account Information". Click on this section to proceed.
Add New Bank Account: You will see an option to "Add a New Bank Account" or "Edit" your existing bank account information. Click on this option to enter the details of your new bank account. Make sure to provide accurate information including the bank name, account number, routing number, and account type.
Verify Your New Bank Account: Amazon may require verification of the new bank account. This can be done through a process where Amazon deposits a small amount into the new account. You will need to confirm the exact amount of this deposit on Seller Central to complete the verification process.
Set the New Bank Account as Primary: Once the new bank account is verified, set it as your primary deposit method. You can do this by selecting the new account and choosing the option to make it the primary account for receiving funds.
Remove Old Bank Account: After confirming that the new bank account is set up and functioning correctly, you can remove the old bank account from your account settings. Ensure that there are no pending transactions or issues before doing so.
Review and Confirm: Double-check all the details to ensure accuracy. Confirm the changes and ensure that your new bank account is correctly set up for future transactions.
Monitor Transactions: After updating your bank account information, monitor your account to ensure that payments are being processed correctly and that there are no disruptions in your transactions.
Troubleshooting Tips:
- If you encounter any issues during the process, consult Amazon’s help section or contact Amazon Seller Support for assistance.
- Ensure that the new bank account meets all of Amazon’s requirements for bank accounts.
Security Considerations:
- Be cautious when entering your bank account information to avoid errors.
- Use secure networks and devices when updating your bank details to protect your sensitive information.
By following these steps, you can effectively update your bank account information on Amazon Seller Central, ensuring that your transactions continue to process smoothly without any interruptions.
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