If you sell on multiple Amazon marketplaces, you can withdraw your earnings in different currencies directly into your Wise account. This way, you can avoid high currency conversion fees.
Your Wise account details work with Amazon globally.
You can receive local currency payments from each marketplace and convert the funds with Wise to get a better exchange rate. No matter where you’re selling, you can manage your payments easily with Wise.
Setting up account details on Amazon
Click Settings > Account Info > Payment Info > Bank Account Info
Add or replace bank details. If you’re replacing existing bank account details, select Replace. If you’re adding new bank account details, select Assign.
Select Add new deposit method.
Select the bank location. This will be the country under the address of the balance. E.g. GBP account is in the UK, USD is in the US.
Add your bank account details. These should be your Wise account details.
Verify your bank account details. You can use your proof of account ownership document or bank statement to verify your account details.
Wait for your documents to get verified. Verification can take up to 4 working days.
All set. Now you can withdraw your earnings into your Wise account.
Non-US Residents using Amazon US Marketplace
If you’re not a US resident, Amazon will ask for tax verification. Sign the document stating that you're a non-US citizen and not a taxpayer there. Your payments and new product postings will stay pending until you sign it and send it back to Amazon.