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Permlink Replies: 4 - Pages: 1 - Last Post: Oct 26, 2017 11:24 PM Last Post By: Donna St Felix Threads: [ Previous | Next ]
EJ Hatton

Posts: 2
Registered: 12/21/16
Different bank accounts
Posted: Oct 10, 2017 7:28 AM
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If a group of people set up an account together and they put their bank details on that account, would the money go to all the bank accounts or would it just go to one?
Mrs Julia Evans

Posts: 596
Registered: 05/22/16
Re: Different bank accounts
Posted: Oct 10, 2017 7:58 AM   in response to: EJ Hatton in response to: EJ Hatton
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To my knowledge you can't have a joint account on Amazon. It has to be set up in the name of one person, so one would assume from that that it has to be one bank account.

If someone knows something different, perhaps they can enlighten us both. J
Donna St Felix

Posts: 5,418
Registered: 09/18/13
Re: Different bank accounts
Posted: Oct 10, 2017 10:24 AM   in response to: EJ Hatton in response to: EJ Hatton
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EJ Hatton wrote:
If a group of people set up an account together and they put their bank details on that account, would the money go to all the bank accounts or would it just go to one?

The money goes to ONE bank account.
You either pick one person to be the main person who would also be responsible for payments to the others and required tax forms OR set up a business account with one person in charge of it.
The easiest thing to do is not to publish a book with others.
Fuad Hossain

Posts: 1
Registered: 10/27/17
Re: Different bank accounts
Posted: Oct 26, 2017 10:06 PM   in response to: Donna St Felix in response to: Donna St Felix
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Hello,
I am from Bangladesh and Amazon doesn't allow to add bank account from Bangladesh. They said to receive Check.

I have lots of friends from USA who's are doing business in amazon and some are using their EIN and Business bank Account for receiving their payment.

If I am going to use anyone's business bank account to receive my payment in the meantime If my friend also use that same bank account, Will Amazon allow both of us for receiving money in one Business account?

I tried to find the answer from everywhere but I fail .. If anyone knows please let me know.

Otherwise, I have to keep me on checks only :( ...

Regards,
Fuad
Donna St Felix

Posts: 5,418
Registered: 09/18/13
Re: Different bank accounts
Posted: Oct 26, 2017 11:24 PM   in response to: Fuad Hossain in response to: Fuad Hossain
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Fuad Hossain wrote:
Hello,
I am from Bangladesh and Amazon doesn't allow to add bank account from Bangladesh. They said to receive Check.

I have lots of friends from USA who's are doing business in amazon and some are using their EIN and Business bank Account for receiving their payment.

If I am going to use anyone's business bank account to receive my payment in the meantime If my friend also use that same bank account, Will Amazon allow both of us for receiving money in one Business account?

I tried to find the answer from everywhere but I fail .. If anyone knows please let me know.

Otherwise, I have to keep me on checks only :( ...


The bank account must match the person who lists the books (the publisher/aka, usually the author).
This would be the person who gets the end of year tax statements.
See if payment by Payoneer.com would work for you.
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