Amazon Currency Converter for Sellers (ACCS): FAQ
This article applies to selling in: United States

Amazon Currency Converter for Sellers (ACCS): FAQ

Amazon Currency Converter for Sellers (ACCS) is an optional service that utilizes Amazon’s bank service providers to enable the seamless conversion of global proceeds directly to your local bank account.

Are there any additional fees for using Amazon Currency Converter for Sellers?

ACCS charges a tiered service fee based on your total global net proceeds amount. To view this fee for a completed payment, go to the Payments Dashboard within Seller Central, then hover over the Final Disbursements Amount tooltip at the bottom of the screen. This will display the breakdown of your ACCS service fee, your qualified fee percentage, the actual fee amount collected in local currency, and the exchange rate applied by the bank service provider to your transaction.

What are the different tiers and fees for sellers using Amazon Currency Converter?

Volume-based fees are based on the tier defined by a seller's total cross-currency net proceeds during the trailing 12 months across all Amazon stores. Cross-currency is determined by the Amazon store you are selling on (for example, amazon.com, amazon.co.uk) and your registered entity location. If the entity location is in a region using a currency that is different from the store you are selling on, your net proceeds are considered cross-currency. Tiers for sellers will be calculated monthly and automatically updated. The higher your net proceeds, the lower your fee. Your total net proceeds are calculated based on your total disbursed volume, whether you used ACCS or other payment service providers in the past.

The different volume bands for each tier are outlined in the following table:

Only for Amazon.com:

Cross-currency Net Proceeds Volume-based Fees (CNY only) Volume-based Fees (other currencies besides CNY) Volume-based Fees (receive USD to HK-based banks)
≥ USD 10M 0.40% 0.75% 0.40%
≥ USD 1M<10M 0.50% 1.00% 0.50%
≥ USD 500K<1M 0.60% 1.25% 0.60%
≥ USD 100K<500K 0.70% 1.50% 0.70%
< USD 100K 0.90% 1.50% NA

Where are volume-based fees not available?

Volume-based fees are available for all Amazon stores supported by ACCS globally, with the exception of the Amazon.com.br store. Sellers who are paid in AED, CHF, MXN, and TWD can use ACCS at a flat rate of 1.5%, regardless of tier. Seller who are paid in JPY can use ACCS at a flat rate of 2.0%. For a full list of currencies supported by ACCS, go to Countries, regions and currencies supported by Amazon for disbursement.

Do my net proceeds include all my global accounts for volume-based fees?

Yes, when your global selling accounts are linked. You can go to Seller Central and use the Merging accounts (Previously referred to as Linking accounts) function to connect all your regional accounts, and we'll take care of applying the lowest rate available on your business.

Example:

A Germany-based seller earned $500K on Amazon.com, $300k on Amazon.co.uk, and $300k on Amazon.co.jp over the past 12 months. If the seller doesn't use Merging accounts, we would offer the seller:

US: $500k -> 1.25%

UK: $300k -> 1.5%

Japan: $300k -> 1.5%

If the seller uses Linked Accounts, we'll lower the fee. This will save the seller $5,500.

Total Net Proceeds (US+UK+Japan) = 1.1 MM -> 1.0%

If you have multiple Seller Central accounts and would like to benefit from the volume-based fees, you will first need to merge your accounts. To add a bank account in Seller Central, follow these steps:


  1. Go to Settings in Seller Central and select Account info.
  2. In the Payment Information section, select Deposit Methods.
  3. On the Deposit Methods page, select Assign in the section for the store you want to change.
  4. Select Use a new bank account.
  5. Fill in the requested bank account information with all fields completed accurately. Ensure that you read the terms and conditions of the Amazon Currency Converter for Sellers agreement, and then select the check box to confirm.
  6. Click Submit.

Why are my identification or license numbers required for bank account registration?

Certain countries or regions (including China) require additional identity verification steps to comply with local regulations. If the information you provide (such as national ID, business license, account holder name) is invalid or does not match your bank’s records, your disbursement will be rejected, and funds will return to your seller account. For sellers who want to receive TWD disbursements, we require a valid phone number and email address on your Seller Central account. We may share this data with our bank service providers and your beneficiary bank, who may reach out to you for further transaction validations.

If I register a bank account located in a different country or region from the store I am selling on, how will I be paid?

ACCS ensures that Amazon’s bank service providers convert all payments to the currency related to the location of your bank.

For Amazon.com, US store only, if you have a USD denominated bank account opened in Hong Kong, you can choose to receive your proceeds from Amazon.com in USD to your bank account. This service is available to sellers who have cross-currency net proceeds greater than or equal to USD 100K during the trailing 12 months across all Amazon stores. You will be able to choose a currency denomination (HKD or USD) when bank location 'Hong Kong' is selected if you qualify for this service.

How long does it take to receive my payment using Amazon Currency Converter for Sellers?

Our average payment speed is 2-5 business days from the time payment is initiated. Also, the first payment after you add or change bank account details might be delayed up to 14 days due to mandatory account holds when bank accounts are updated.

What will appear on my bank statement when I receive payments from Amazon Currency Converter for Sellers?

Depending on your bank, the payment will have one of the following names: Amazon, HSBC, Souq, or Amazon and HSBC. Contact your bank if you need more information.

Which exchange rate will be applied to my payment?

Our bank service providers use the exchange rate of the day the transfer is initiated. For failed disbursements, the daily exchange will be applied when the disbursement is re-initiated.

Why does the exchange rate used by Amazon Currency Converter for Sellers not match the one I see in newspapers?

Exchange rates displayed on search engines, digital outlets or print media typically reference inter-bank rates. Amazon works with bank service providers to ensure that our sellers receive a competitive exchange rate. Before executing your disbursements, you will be able to see live FX rates along with seeing the actual FX rates applied to your settled disbursements. For additional details, select your final disbursement amount to see a breakdown of the FX rate that was applied and the ACCS fee.

Can I choose the currency for my disbursements?

Typically, disbursements are made in the local currency of the country or region 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.

For Amazon.com, US store only, if you have a USD denominated bank account opened in Hong Kong, you can choose to receive your proceeds from Amazon.com in USD to your bank account. This service is available to sellers who have cross-currency net proceeds ≥ USD 100K during the trailing 12 months across all Amazon stores. If eligible, you will be able to choose currency denomination (HKD or USD) when bank location ''Hong Kong'' is selected.

How do I view an initiated Amazon Currency Converter for sellers disbursement?

To view initiated disbursements, log into Seller Central and navigate to Payments from the drop-down menu. Select Payments and click Disbursements to view Payout Amount status. Note that only the disbursements that used ACCS will have estimated delivery dates.

* Go to the full list of currencies.

Can I receive payment to a bank account that is not listed in the "Bank Location" drop-down menu?

No. Only the countries and regions that are present in the "Bank Location" drop-down menu from the Deposit Methods page are supported. For bank locations not visible on the list, refer to Payment Services Provider program to create an account with the listed providers.

What are the tax implications of my earnings being converted into another currency before being transferred into my local bank account?

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.

Will I receive documents denominated in my local currency that I can give to local tax authorities?

All documents provided by Amazon will be in the functional currency of the store on which you are selling.

How can I obtain a Foreign Inward Remittance Certificate (FIRC) for inward remittances entering India?

For information on obtaining a FIRC, go to Selling from India.

Is there VAT assessed on the ACCS Fee?

VAT is currently applicable on ACCS fees for the Turkey store. If you are a selling on the Turkey or Saudi Arabia stores, VAT will be applied on the ACCS fee amount and will be retained by Amazon before the disbursement. To view the VAT fee percentage and amount for a completed payment, go to the Payments Dashboard within Seller Central, then hover over the Final Disbursements Amount tooltip at the bottom of the screen. This will display the breakdown of your ACCS service fee, your qualified fee percentage, the actual fee amount collected in local currency, and the exchange rate applied to your transaction along with your assessed VAT.

Additional Information

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Amazon Currency Converter for Sellers (ACCS): FAQ

  • Using Hyperwallet with Amazon
  • Countries, regions, and currencies supported by Amazon for disbursement