Amazon Currency Converter for Sellers is an optional service that allows Amazon sellers to receive the proceeds of their earnings into their local bank account if that account is located in a different country or region from the marketplace on which they are selling.
Follow the same steps as for a bank located
in the country or region of the Amazon marketplace you are selling on.
Once your bank account is registered, all payments will be automatically made to that account in the local currency of the Bank Location Country using the Amazon Currency Converter for Sellers.
No. However, the first payment after you add or change bank account details might be delayed up to 14 days.
All fees and charges related to your use of Amazon Currency Converter for Sellers are included in the exchange rate. You can view the exchange rate by clicking the View Exchange Rate button on the Payment Summary page you receive when transfers are made to your account.
Depending on your bank, the payment will have the one of the following names: Amazon, HSBC, or Amazon and HSBC. Contact your bank if you need more information.
The exchange rates you see in newspapers or other print media are generally wholesale or inter-bank rates. Amazon works to ensure our sellers receive a competitive exchange rate.
Amazon Currency Converter for Sellers uses the exchange rate of the day the transfer to your bank account is initiated. For failed disbursements, this is the exchange rate of the day the transfer is re-initiated.
Amazon is not in a position to provide advice or comment about your tax obligations. Contact your tax advisor with questions about your specific circumstances.
All documents provided by Amazon will be in the functional currency of the marketplace on which you are selling.
Disbursements can only be made in the home currency of the country where the bank account is located. For example, if your bank account is located in the UK, then disbursements can only be made in GBP, even if your bank account is capable of accepting deposits in both GBP and EUR currencies.
See our instructions for Selling from India.