Bookshelf | Reports | Community | KDP Select

Home » Amazon KDP Support » Publisher Support » Payment Issues

Thread: Amazon is withdrawing money from my bank account?


This question is answered. Helpful answers available: 2. Correct answers available: 1.

Reply to this Thread Reply to this Thread Search Forum Search Forum Back to Thread List Back to Thread List

Permlink Replies: 3 - Pages: 1 - Last Post: Jun 24, 2017 1:49 AM Last Post By: surajkumar B Ba...
misssuki

Posts: 1
Registered: 03/19/10
Amazon is withdrawing money from my bank account?
Posted: May 30, 2017 5:02 PM
 
Click to report abuse...   Click to reply to this thread Reply
Hi everyone,

I was wondering if this happened to anyone else. Amazon made two payments into my bank account today. And then they made three withdrawals. The amounts aren't large--$3.73, $0.46, and $0.42, but the fact that they are taking money out makes me nervous. The description just says ACH/CRED OFA(bunch of numbers) AMAZON. Did they make any overpayment, perhaps? They just did it without offering any explanation. If anyone could shed any light on this, it would be greatly appreciated!

Catherine
thrasherll

Posts: 5,049
Registered: 06/27/12
Re: Amazon is withdrawing money from my bank account?
Posted: May 30, 2017 5:28 PM   in response to: misssuki in response to: misssuki
 
Click to report abuse...   Click to reply to this thread Reply
misssuki wrote:
Hi everyone,

I was wondering if this happened to anyone else. Amazon made two payments into my bank account today. And then they made three withdrawals. The amounts aren't large--$3.73, $0.46, and $0.42, but the fact that they are taking money out makes me nervous. The description just says ACH/CRED OFA(bunch of numbers) AMAZON. Did they make any overpayment, perhaps? They just did it without offering any explanation. If anyone could shed any light on this, it would be greatly appreciated!

Catherine

You might want to check with your bank. It should know why funds are being removed from your account. The two smallest sums could be a test. Did you just set up EFT with Amazon? Usually a bank or business makes a tiny deposit to your account and then takes it back a couple days later. That's done to test the EFT set-up. Are there any deposits of the same amounts in the past few days?

L. L. Thrasher

stacy barnett

Posts: 70
Registered: 08/13/16
Re: Amazon is withdrawing money from my bank account?
Posted: Jun 16, 2017 9:49 PM   in response to: misssuki in response to: misssuki
 
Click to report abuse...   Click to reply to this thread Reply
Is this bank account one you use if you wish to buy books from amazon and if so that's your answer. If not amazon shouldn't be able to do that unless authorised by your bank or you, because if they could take that small amount of money what is to stop them from taking more hmmm..
surajkumar B Ba...

Posts: 19
Registered: 05/11/17
Re: Amazon is withdrawing money from my bank account?
Posted: Jun 24, 2017 1:49 AM   in response to: misssuki in response to: misssuki
 
Click to report abuse...   Click to reply to this thread Reply
I might answer for this correctly, You may have applied for any of the marketing/ promoting your book. This might have had some what made the bank account linked for that reason. Please go through the services you used on the book. I might be wrong also. Not the exact reason you may think.
Legend
Helpful Answer
Correct Answer

Point your RSS reader here for a feed of the latest messages in all forums