Receiving Payouts in Correct Currency
Good Morning
We're a UK based seller who hold VAT registrations in the UK but also 7 other EU Member states. Our payouts for the UK sales are in GBP, our payouts for USA is in USD, but we're unable to see how to go about changing our payouts for EU Amazon stores in EUR.
We hold bank accounts in the correct currencies, however its not clear to see why we cannot receive funds in the base currency to avoid conversion fees from the bank.
I had heard the bank account needed to be based domestically within the 'currency country', however this isn't the case for USA.
Please can someone help. Many thanks
1 reply
Sakura_Amazon_
Hello @Seller_6xwnNK8KQTYLj,
This is Sakura from Amazon. Welcome to the Seller Forums.
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Does it help you ?
Regards,
Sakura