Currenxie is a member of Amazon’s Payment Service Provider (PSP) Program, meaning our clients around the world can use their Global Account to collect revenue from their Amazon Store sales and withdraw their funds or make payments to their suppliers in multiple currencies with minimal fees.
As part of the program’s security measures, Amazon requires that Sellers who wish to use virtual bank accounts issued by a PSP such as Currenxie to receive their funds provide proof that they also hold a traditional bank account with a licensed bank. You can provide this proof by uploading it to your Currenxie account after linking your virtual account to your Amazon Seller account.
Follow these simple steps to link your Currenxie Global Account to your Amazon Seller account for receiving payments:
- Within your Amazon Seller account, click Settings > Account Info > Payment Info > Bank Account Info
- Click ‘Replace’ to change bank account details or ‘Assign’ to add new details.
- Click ‘Add new deposit method’.
- Select your bank location as one that matches your relevant Currenxie account, i.e. ‘UK’ if you intend to use a GBP account, ‘US’ if you will use a USD account, ‘Eurozone’ for an EUR account and so on.
- Add your bank account details, making sure to include relevant information such as:
- Amazon EU - IBAN and BIC
- Amazon US - account number and ACH routing number
- Amazon AU - account number and BSB number
- Amazon UK - IBAN, account number and sort code
- Amazon JP - account number, bank code and branch code
- Amazon CA - account number, institution number and transit number
- Verify your bank account details using the account number utilised when first setting up your Amazon Seller account.
- Save your details by clicking ‘Set deposit method’.
- Login to your Currenxie Global Account, click ‘Submit additional details to continue using your Currenxie account with Amazon’ under the ‘Action required’ column to upload a bank proof document (i.e. bank statement) for a bank account in the Seller’s name. This document should clearly show the account holder's full name and the complete account number.