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This blog is related to blogging, technology and make money online, wordpress and web development........ Our Motto : Technology | Money | Lifestyle

Tuesday, July 18, 2017

Getting Paid By Amazone


Payment Methods

We pay royalties approximately 60 days following the end of the calendar month in which your royalties meet the payment threshold. You'll receive separate royalty payments for each Amazon store in which you have chosen to distribute your title. The payment methods available are direct deposit (EFT), wire transfer (where available), or check.

Kindle Direct Publishing offers direct deposit as a payment method to over 40 countries (go here for the complete list). Selecting direct deposit, also known as electronic funds transfer (EFT), as a payment method allows you to receive your earned royalties without a minimum threshold before the funds are released to you; in a more secure and environmentally friendly way than paper checks; and in your local currency. Because of the benefits of direct deposit, Kindle Direct Publishing will be phasing out payments by check by the end of 2017.

Your bank may have fees associated with some payments. Please contact your bank to verify fees associated with receiving payments.



Payment options by location

When you're setting up your account information, you can choose how you'd like to receive your payments for sales from each Amazon store. Available payment methods (direct deposit, wire transfer, or check) are based on the location of your bank.

Customers pay in their local currencies, but we pay your royalties in the default currency of your bank account's location. The default currency can't be changed. You can use a bank account in another location to receive payments in that location's currency.

While Amazon may support direct deposit (EFT) payments to the country where your bank account is located, some local banks require additional documentation to release funds from international electronic payments. Please work with your bank to determine the requirements to release direct deposit payments.

You can see the available payment methods options based on your preferred bank location below:

United States (US) | United Kingdom (UK) | European Union (EU) | Canada (CA) | Brazil (BR) | Japan (JP) | India (IN) | Mexico (MX) | Australia (AU) | New Zealand (NZ) | Other


Payment thresholds

 
Direct deposit payments do not have a threshold. This means you will be paid electronically in full no matter the amount accrued.*

For Check and wire payments there is a minimum threshold in each marketplace after deducting the applicable tax withholding.

Local Marketplace CurrencyCheck ThresholdWire
Amazon.com$100 USD
$100 USD
Amazon.co.uk£100£100
Amazon.es, .it, .fr, .nl, .de€100€100
Amazon.ca$100 CAD$100 CAD
Amazon.com.br$100 USD$100 USD
Amazon.com.mx$100 USD1,000 MXN
Amazon.co.jp$100 USD¥ 10,000
Amazon.in$100 USD$100 USD
Amazon.com.au$100 USD$100 AUD


Thresholds not met in a single month

If your royalty earnings fall below the threshold for check and wire payments, we will keep a running total and issue payment once the amount exceeds the minimum threshold. Your payment occurs sixty days after the end of the month in which your royalties meet the threshold.

*When converting local royalty earnings to a different country, the amount to be paid after conversion must meet the minimum amount banks will allow us to send.


Withholding


If you report taxes to the US, only royalties for Amazon.com.br (BR) marketplace will be subject to a tax withholding of 15% to comply with Brazilian tax regulations.

If you're not a US publisher royalties for Amazon.com (US) are subject to tax withholding depending on the country where you pay taxes. For the Amazon.com.br (BR) you'll be subject to withholding only if you report your taxes in certain countries. You can find more details about tax withholding in the Tax Help Page.

The tax withholding will be applied to the gross amount of your payment before it gets processed. Meaning that if you accrued $143.00 in the US Kindle Store and you have 30% tax withholding on your account, we will process a payment for $100.10 ($143.00 – 30% = $100.10).


Payment Options by Location

When you're setting up your account information, you can choose how you'd like to receive your payments for sales from each Amazon marketplace.

Available payment options (EFT, wire transfer, or check) are based on the location of your bank account.


Missing payment issues


Payment not received for all marketplaces

We pay royalties separately for each marketplace. The top reasons why publishers receive payments only for some marketplaces are:
  • Not all the marketplaces have accrued royalties.
  • Not all the marketplaces have met the necessary threshold to process the payment (if the method is Check or Wire)
  • When converting local royalty earnings to a different country, the amount to be paid after conversion didn't meet the minimum amount banks will allow us to send (if the method is EFT or Wire).

Report shows an EFT/WIRE payment, but payment doesn't appear in bank account

Please keep in mind that direct deposit (EFT) payments can take 1-5 business days to show on your bank account from the payment date. In case of wire payments, it can take 5-10 days.

If in your Payments Report you see the amounts showing as "Paid," but the payment still does not appear in your account, please reach out to your financial institution for verification.


Check has not arrived

Check delivery time frames vary depending on location. After the payment date it can take up to a month for the check to reach the address in your KDP account. Please allow this much time before reporting your check as lost, and be sure to confirm the address on file is correct.


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