How to Transfer Money From Amazon Account to Bank Account

Transferring funds from your Amazon account to a personal bank account involves understanding your specific Amazon account type and following established procedures. This process enables individuals to access earnings or eligible balances from Amazon services, moving them into their financial institution. This guide clarifies how to manage these transfers, ensuring a smooth and timely deposit of funds.

Identifying Your Amazon Account Type and Payout Source

The ability to transfer money from Amazon to your bank account depends on the nature of the funds and the Amazon service from which they originate. Amazon Seller Central allows sellers to receive proceeds from product sales directly into their bank accounts. Professional sellers typically receive payments every 14 days, while individual sellers are paid weekly. Amazon Associates, the affiliate marketing program, also facilitates direct bank transfers for earned commissions. Commissions for Associates are usually paid monthly, approximately 60 days after the end of the month in which they were earned.

Amazon Gift Card balances are generally intended for purchases on the Amazon platform and are not directly transferable to a bank account. Amazon’s policies state gift card balances are non-refundable and non-transferable for cash. However, certain Amazon Pay balances, such as those from cashback or refunds, might be transferable to a bank account if full Know Your Customer (KYC) verification has been completed.

Preparing Your Bank Account Details on Amazon

Before any transfer can occur, you must accurately provide your bank account details within your Amazon account settings. This involves navigating to the “Payment Information” or “Deposit Methods” section within your specific Amazon dashboard, such as Seller Central or Associates Central. You will need to supply your bank name, the account holder’s name as it appears on the bank records, your account number, and your bank’s routing number. For bank accounts outside the United States, provide additional details like the SWIFT/BIC code and the International Bank Account Number (IBAN) for cross-border transactions.

Amazon employs a verification process to confirm the authenticity of the linked bank account. This often requires uploading a recent bank statement, issued within the last 180 days. The statement must clearly display the bank’s logo, bank name, your account number, and your name as the account holder. While some financial institutions support instant verification, others may require this document upload, which can take approximately 48 to 72 hours for Amazon to process.

Requesting a Payout from Amazon

Once your bank account details are linked and verified, initiating a payout is straightforward. In Amazon Seller Central, find the option to manage or request payouts within the “Payments Dashboard.” For Amazon Associates, payment settings are under “Account Settings” or “Payment History.” Confirm the amount you wish to transfer, ensuring it meets any minimum payout thresholds set by Amazon, such as $10 for direct deposits for Associates.

Payments for Amazon sellers are generally initiated automatically on a bi-weekly or weekly schedule, depending on the seller account type. Sellers may sometimes request an early manual disbursement of available funds. For Amazon Associates, payouts are processed automatically monthly, around 60 days after the end of the month when commissions were earned. A positive account balance and a valid credit card on file are prerequisites for receiving disbursements.

Understanding Payout Timelines and Status

After Amazon initiates a payout, funds are typically transferred via Automated Clearing House (ACH) or electronic funds transfer. It usually takes 3 to 5 business days for the disbursed funds to reflect in your bank account, though some transfers might appear within 24 to 48 hours.

You can monitor the status of your transfers directly within your Amazon account dashboard, often in sections like the “Payments Dashboard” or “Transaction Reports.” Delays can occur due to bank holidays, initial bank account verification, or if your Amazon account is under review. Factors like high refund rates or performance issues can also lead to funds being held in reserve, extending the time before they become available for transfer.