KYC Completed, Bank Account Verified, Amazon Holding Disbursements for 6 Weeks

Countries

Read only
Australia
Belgium
Brazil
Canada
Egypt
France
Germany
India
Italy
Japan
Mexico
Netherlands
Poland
Saudi Arabia
Singapore
Spain
Sweden
Turkey
United Arab Emirates
United Kingdom
United States
United States
imgSign in
user profile
Seller_LBdlM6aTlNzau

KYC Completed, Bank Account Verified, Amazon Holding Disbursements for 6 Weeks

We completed KYC with my US bank account for a US-based business.

I was asked by Amazon to change by deposit bank account on Seller Central to a PSP account assigned by Amazon while the KYC process was on-going (it's completed now).

Due to this, all my disbursements for Amazon.com and Amazon.com.mx sales since August 29th have been going to Amazon's bank account.

A team told me they manually processed my disbursements last week, and I should have received them by Monday Oct.7th. I didn't receive anything.

Subsequently, they claim 2 times in a row that my bank is refusing the transfer. I bank with one of the largest US banks. I have never had an issue receiving a correctly processed transfer from Amazon for the last 10 years.

Why are my disbursements continue to stall? Can someone please help me escalate this issue. I was last asked to provide an alternative bank account due to this issue, which I did. I have been told for 3 weeks now to patiently wait, the money is coming. This is now nearing 6 figures in disbursements missing from my bank account. We're in a really bad position not being to pay vendors prior to the holiday season.

Please Help! @Danny_Amazon@Steve_Amazon

Case ID 1888976480

23 views
11 replies
Tags:Bank account, Payments
00
Reply
0 replies
user profile
CR_Amazon

Hello there @Seller_LBdlM6aTlNzau

My name is CR. Let me first start by saying I apologize for the frustration and lack of transparency to what is going on here. I am going to see what I can find out for you.

AI appreciate the case # as well. Please allow me some time to take a peek and see what I can view from my end. Is that the most recent case # you have opened for this issue?

I'll hang tight here for your reply and in the meantime going to do a few checks on my end.

CR_Amazon

00
user profile
CR_Amazon

@Seller_LBdlM6aTlNzau

Hello again, CR back here. From what I can tell on my end, you have been receiving regular disbursements in your US account with the most recent one being 10/7/2024 and have a scheduled payment set for 10/18/2024.

CR_Amazon

00
user profile
CR_Amazon

@Seller_LBdlM6aTlNzau

I see that you are saying that the payments, although they are shown as disbursed with a Trace ID # are not making it to your account.

I am going to see if I can engage with the appropriate partner team here to see if we can get some additional information for you here.

I am going to put this together and will report back here and @ tag you as soon as I have anything further to share here.

CR_Amazon

10
Follow this discussion to be notified of new activity

Similar Discussions

user profile
Seller_uIu7Z1ApaQY48
user profile
Seller_QETJhPZA9B274
user profile
Seller_pZzCsCO4BzamG