By adding and verifying your bank or building society account, you will be able to easily transfer funds from your Amazon Payments account to your bank or building society account. You can also allow funds to be transferred from your bank or building society account to your Amazon Payments account. The bank or building society account you will add to your Amazon Payments account must be held in the same name as the Amazon Payments Account. By adding a bank account you automatically allow your bank account to transfer funds from your Amazon Payments account to your bank or building society account. You can also select the option to allow funds to be transferred from your bank or building society account to your Amazon Payments account. In this case, you need to fill out and submit a Direct Debit Form.
After you add a bank or building society account, you need to verify it before funds can be moved between Amazon Payments and your bank or building society account.
In order to verify your bank account, Amazon Payments will automatically make two small test deposits of less than £1.00 into the account you provide. When the deposits appear in your account (generally within 5-7 business days, not including weekends or holidays), you must return to your Amazon Payments account to enter the deposit amounts.
To add a new bank or building society account, and verify it using random deposits, follow these steps:
- Log in to your Amazon Payments account.
- Click the Edit My Account Settings link.
- Click the Add bank or building society account link.
- In the Sort Code text box, type the bank's sort code number.
- In the Account Number text box, type the bank account number.
- Select the option if you like to have the possibility to transfer funds from your bank or building society account to your Amazon Payments account. By adding a bank account you automatically allow us to transfer funds from your Amazon Payments account to this bank account.
- Click Continue.
- If you selected to have the possibility to transfer funds from your bank or building society account to your Amazon Payments account, fill out the Direct Debit Form in the next page by entering your bank’s or building society’s address information.
- Submit the form. You can also print the form and submit it by faxing to the specified number on the page.
- In order to verify your bank account, Amazon Payments will automatically make two small test deposits of less than £1.00 into the account you provide. When the deposits appear in your account (generally within 5-7 business days, not including weekends or holidays), you must return to your Amazon Payments account to enter the deposit amounts and verify your bank account.