Best business bank account for Amazon sellers
The best business bank account for an Amazon seller is one in the seller's legal name that Amazon can verify as a deposit method, in the currency of each store you sell in, with a low published cost to convert. For sellers outside the US the real choice is between Amazon's own conversion, at 1.50% below $500,000 a year, and receiving USD and converting at a provider's margin. This guide compares Amazon's published pricing, five account providers and the independent BCC Trade Banking Index.
- Amazon Currency Converter for Sellers charges 1.50% on cross-currency proceeds below $500,000 a year, falling to 0.75% above $10 million, with a flat 2.0% for JPY payouts.
- Amazon Seller Wallet transfers USD to US bank accounts and pays US-based suppliers in USD for free, and charges 1.50% to 0.75% to convert into 20+ other currencies.
- On $300,000 a year of Amazon.com proceeds, conversion costs $4,500 at 1.50%, compared with from $690 at Wise's published margin of 0.23%.
- Seller Wallet transfers in EUR, CAD, HKD and several other currencies typically arrive the next business day if sent before the daily cut-off, such as 11:00 GMT for EUR.
- Linking Amazon seller accounts across stores prices conversion on combined volume; Amazon's example shows a $5,500 saving on $1.1 million of proceeds.
- The BCC Trade Banking Index does not score Amazon's services, but in its exporters ranking Wise Business scores 78, Airwallex 74 and WorldFirst 71 out of 100.
How Amazon pays sellers, and the three routes for the money
Amazon pays each store's sales proceeds, after its fees, to a deposit method that you add in Seller Central and assign to that store. Seller Central is the dashboard sellers use to manage their Amazon account. The choice of deposit method decides who converts your money, at what rate, and how long it takes to arrive.
For a seller whose bank account is in the same currency as the store, such as a US company selling on Amazon.com into a US dollar account, the choice is simple. For a seller based in one country and selling in another store, or in several stores, there are three routes.
| Route | How it works | Who sets the conversion cost |
|---|---|---|
| Amazon Currency Converter for Sellers | Amazon converts the proceeds and deposits them in your local bank account in your home currency | Amazon, on a published volume-based scale |
| Amazon Seller Wallet | Proceeds from the US store (and, in a separate EUR wallet, from seven EU stores) are held in a wallet inside Seller Central; you transfer, convert or pay suppliers when you choose | Amazon, on a published scale; USD transfers to US bank accounts are free |
| A receiving account in the store's currency | A payment provider or bank gives you account details in the store's currency; Amazon pays in that currency without converting | The provider, at its published FX margin, when you convert |
Source: Amazon Currency Converter for Sellers and Amazon Seller Wallet, as published on 29 October 2026.
US sellers face the same question in reverse when they expand. A US company that adds Amazon.co.uk, Amazon.de or Amazon.co.jp earns GBP, EUR or JPY. Through Amazon's converter those proceeds arrive in USD at the published rate for its volume tier. With GBP or EUR account details in the company's name, the seller can receive those currencies unconverted and use them to pay European costs such as fulfillment, storage or VAT.
Whichever route you choose, the account should be in the name of the business registered on the seller account, and a new deposit method has to be verified before disbursements start. Amazon's converter page states that once your bank account is verified, disbursements are initiated automatically.
Amazon Currency Converter for Sellers: published pricing
Amazon Currency Converter for Sellers converts proceeds from 20 Amazon stores into 20+ payout currencies. Pricing depends on your total cross-currency net proceeds across all Amazon stores over the past 12 months, meaning proceeds from a store whose currency differs from the currency of your home country.
| Cross-currency net proceeds, past 12 months (USD) | Published conversion rate |
|---|---|
| Less than $100,000 | 1.50% |
| $100,000 to $500,000 | 1.50% |
| $500,000 to $1,000,000 | 1.25% |
| $1,000,000 to $10,000,000 | 1.00% |
| $10 million and above | 0.75% |
Source: Amazon Currency Converter for Sellers, as published on 29 October 2026.
Three exceptions are published. Volume-based pricing is not available for Amazon.com.br. Sellers who receive funds in AED, CHF, MXN, KRW or TWD pay a flat 1.5% whatever their tier, and sellers who receive JPY pay a flat 2.0%. The exchange rate is the one applied by Amazon's third-party service provider on the day the transfer to your bank is initiated.
Linking your global seller accounts matters. Amazon's own example is a Germany-based seller earning $500,000 on Amazon.com, $300,000 on Amazon.co.uk and $300,000 on Amazon.co.jp. Unlinked, each store is priced at 1.5%; linked, total proceeds of $1,100,000 fall into the 1.0% tier, a saving of $5,500. Amazon states that funds generally arrive in your local bank account in 1 to 5 business days.
Amazon Seller Wallet: costs and transfer times
Amazon Seller Wallet holds US store proceeds in USD inside Seller Central. A separate Seller Wallet EUR covers the Germany, France, Spain, Italy, Netherlands, Ireland and Belgium stores; other stores are not supported. To enroll you need a US store seller account in good account health and proof that your business is established in a supported country or region. You can use up to two US or global bank accounts with it.
| Cross-currency net proceeds (USD) | To US bank accounts | To Hong Kong USD bank accounts | From USD to 20+ currencies (not CNY) |
|---|---|---|---|
| Less than $100,000 | Free | 0.90% | 1.50% |
| $100,000 to $500,000 | Free | 0.70% | 1.50% |
| $500,000 to $1 million | Free | 0.60% | 1.25% |
| $1 million to $10 million | Free | 0.50% | 1.00% |
| $10 million and above | Free | 0.40% | 0.75% |
Source: Amazon Seller Wallet, as published on 29 October 2026. Costs for some currencies vary; Amazon links a full price list from the page.
Payments to suppliers with a US bank account in USD are also free, and you can pay suppliers with Hong Kong bank accounts in USD at the Hong Kong rate. Transferring USD to your own Hong Kong account requires cross-currency net proceeds above 100,000 USD in the trailing 12 months. Amazon states that its rates are close to the mid-market rate, that it adds no hidden markup, and that you see the actual rate before every transfer.
| Transfer currency | Typical arrival | Daily cut-off (GMT) |
|---|---|---|
| USD to a domestic US account | Next business day | 02:00 |
| EUR | Next business day | 11:00 |
| GBP | Within two business days | 17:00 |
| CAD | Next business day | 19:30 |
| HKD, INR, AUD, SGD, NZD, CHF | Next business day | 20:00 |
| TWD | Within two business days | 20:00 |
Source: Amazon Seller Wallet, as published on 29 October 2026. Arrival times apply to transfers initiated before the cut-off; your bank may take up to 24 hours after receipt to make funds available.
For sellers with India-based bank accounts, Seller Wallet lets you download a Foreign Inward Remittance Advice (FIRA) for each international transfer, and Amazon says this supports Foreign Inward Remittance Certificate (FIRC) submissions.
Receiving accounts from payment providers
The third route is an account in the store's currency from a payment provider, so that Amazon pays without converting. You then hold the money, pay suppliers from it, or convert at the provider's margin. Before you apply, confirm under Deposit Methods in Seller Central that the account can be added for the store you sell in. The table shows what each provider publishes.
| Provider | Receiving | Conversion | Taking money out |
|---|---|---|---|
| Payoneer | Receipts from marketplaces: varies by marketplace; local-currency receiving account free; non-local 1% (minimum 1.00 USD) | 0.50% between balances | Same-country local currency withdrawal 1.50 USD; 1.2% to 4% with conversion |
| WorldFirst (UK) | Receiving accounts in 20+ currencies including USD, GBP, EUR, PLN, TRY, JPY and CNH; marketplace payouts free | Up to 0.50% on major currencies; 0.30% for the first six months | Per corridor, for example USD to mainland China £11.55 |
| Wise Business | Account details in 22 currencies for a one-time 31 USD; domestic receipts free in 9 currencies | From 0.23% | Sending fee varies by currency, from 0.23% |
| Airwallex | Collect and hold in 20+ currencies | 0.5% above interbank (major currencies), 1% others | Local transfers to 120+ countries; SWIFT $15 to $25 |
| Aspire (US accounts) | 13 currencies; SWIFT receiving $0 | From 0.22% above mid-market | SWIFT $5 (SHA) or $15 (OUR) |
Source: each provider's pricing page (Payoneer, WorldFirst, Wise Business, Airwallex, Aspire), as published on 29 October 2026.
Payoneer's fee page also states that certain US customers pay a fixed 1.50 USD per withdrawal or payment up to 50,000 USD a month, with up to 0.5% above that. SWIFT is the global network banks use for international wires; SHA means the sender and recipient share the bank charges, and OUR means the sender pays them all. Several of these providers accept companies from a published list of countries only; check yours before applying. Our guide to the best USD business account for a non-US company covers eligibility in detail.
When you compare providers for Amazon receipts, check five things: that the account can be added as a deposit method for each store you sell in; the fee, if any, to receive a marketplace payout; the published margin to convert; the fee to pay a supplier or withdraw to your local bank; and whether you can hold USD rather than convert it on arrival.
What $300,000 of Amazon.com sales costs to convert
The example is a seller based in the euro area that earns $300,000 a year in net proceeds on Amazon.com and needs the money in euros. It compares the conversion cost of each route at published rates, before any receiving or withdrawal fees.
| Route | Published rate used | Conversion cost per year |
|---|---|---|
| Amazon Currency Converter for Sellers ($100,000 to $500,000 tier) | 1.50% | $4,500 |
| Seller Wallet transfer from USD to EUR (same tier) | 1.50% | $4,500 |
| Seller Wallet free USD transfer to a US account, then conversion at Wise | From 0.23% | From $690 |
| Seller Wallet free USD transfer to a US account, then conversion at Aspire (US) | From 0.22% above mid-market | From $660 |
| USD receiving account at WorldFirst, then conversion | Up to 0.50% (0.30% first six months) | Up to $1,500 ($900 first six months) |
| USD receiving account at Airwallex, then conversion | 0.5% above interbank | $1,500 |
| Payoneer, conversion between balances | 0.50%, plus a receipt fee that varies by marketplace | $1,500 plus the receipt fee |
Source: Helm Editorial Team calculation from Amazon Currency Converter for Sellers, Amazon Seller Wallet, Wise, Aspire, WorldFirst, Airwallex and Payoneer pricing, as published on 29 October 2026. "From" figures are the lowest published rate.
The cheapest route on paper is not always the right one. Amazon's converter is automatic and needs nothing beyond a local bank account, and its rate falls to 0.75% above $10 million a year. A provider route needs a second account and a conversion step, but lets you keep USD to pay suppliers who invoice in USD, which avoids converting twice. A seller that buys stock in USD and sells in USD may not need to convert most of its proceeds at all.
Paying suppliers, ads and inventory finance
Amazon sellers spend in three main ways. Stock is usually bought from manufacturers in China in USD; Seller Wallet can pay suppliers with US or Hong Kong bank accounts directly, and WorldFirst lists £11.55 for a USD payment to mainland China. Sponsored ads on Amazon and ads on other channels are paid by card; Mercury charges a 3% currency exchange fee on non-USD card transactions, while Airwallex publishes corporate cards with zero international fees. And inventory has to be paid for weeks before it sells.
On financing, the BCC Trade Banking Index profiles record a working capital advance at Payoneer, and a charge card and working capital loans through partners at Slash. Most other payment providers in the Index publish no lending. Compare the cost of any advance with the margin on the stock it pays for.
For the supplier side in detail, see how to pay Alibaba suppliers, and for card fees on ad spend, the card table in our guide to the best business bank account for ecommerce sellers.
Independent rankings: the BCC Trade Banking Index
The BCC Trade Banking Index scores 27 providers out of 100 from their published terms. It does not score Amazon's own services and has no Amazon seller ranking. A seller based outside the US and selling on Amazon.com is an exporter, so the exporters ranking, which weights getting paid at 30% and FX cost at 25%, is the closest fit; the getting paid criterion includes payouts from marketplaces and platforms. Disclosure: Buckingham Capital Consulting (BCC), which publishes the Index, is a Helm group company. Helm is scored in the 2026 edition by the same published method as every other provider.
| Provider | Exporters | Getting paid (0 to 5) | FX cost (0 to 5) | Access and onboarding (0 to 5) |
|---|---|---|---|---|
| Wise Business | 78 | 5 | 4 | 4 |
| Airwallex | 74 | 5 | 3 | 3 |
| WorldFirst | 71 | 5 | 3 | 2 |
| Currenxie | 67 | 4 | 4 | 3 |
| XTransfer | 65 | 5 | 1 | 4 |
| Payoneer | 61 | 4 | 1 | 4 |
| Mercury | 51 | 2 | 2 | 3 |
| Statrys | 49 | 4 | 1 | 2 |
| Slash | 45 | 2 | 1 | 4 |
| Aspire | 45 | 3 | 1 | 2 |
Source: BCC Trade Banking Index 2026, facts read by BCC on 21 October 2026, as published on 29 October 2026. BCC is a Helm group company.
The profiles explain the spread. Payoneer serves businesses in 190+ countries and scores 4 out of 5 on access but 1 out of 5 on FX, because withdrawals with conversion cost 1.2% to 4%. WorldFirst scores 5 on getting paid but 2 on access, because its UK site does not publish which countries of registration it accepts. Mercury accepts only US-formed companies and holds USD only.
Setting up a deposit method, and where Helm fits
- Open the account in the seller's legal name. Use the same company name that is registered on your Amazon seller account.
- Add it in Seller Central. Amazon's path is the gear icon, then Account Info, then Payment information, then Deposit methods. Add the new method and assign it to the store.
- Wait for verification. Disbursements start automatically once Amazon has verified the bank account. Keep the old method in place until the first payout reaches the new one.
- Assign each store deliberately. A seller on Amazon.com, Amazon.co.uk and Amazon.de can assign different deposit methods to each, for example USD details for the US store and EUR details for the German store.
- Link your global accounts. If you use Amazon's converter, linked accounts are priced on combined volume.
Helm is a financial technology company, not a bank; accounts are held with regulated partner institutions. It provides USD account details in the company's own name (a routing and account number that receives ACH, Fedwire and SWIFT), EUR details with an IBAN (the account format used across Europe) and GBP details with a sort code (the UK bank identifier), all in the company's name, plus conversion between balances and supplier payments with the rate, fee and expected arrival shown before sending. Confirm with your account manager how it fits your Amazon stores before you change a deposit method. Pricing is agreed with each business before the account opens; see contact the Helm team and Helm global accounts. Helm is scored in the 2026 Index by the same published method as every other provider.
Open a Helm account
USD, EUR and GBP accounts in your company's name, with a named account manager.
Open accountQuestions
What is the best bank account for Amazon sellers?
For a US seller on Amazon.com, a US business account in the company's name, verified as a deposit method, receives USD payouts without conversion, so the choice comes down to supplier payments and card fees. For a seller based elsewhere, compare Amazon's converter at 1.50% below $500,000 a year with holding USD and converting at a provider's margin, such as Wise from 0.23% or Airwallex at 0.5%.
How much does Amazon Currency Converter for Sellers cost?
Amazon publishes 1.50% for cross-currency net proceeds below $500,000 over 12 months, 1.25% from $500,000 to $1 million, 1.00% from $1 million to $10 million and 0.75% above $10 million. Payouts received in AED, CHF, MXN, KRW or TWD are a flat 1.5%, and payouts in JPY a flat 2.0%.
What is Amazon Seller Wallet?
Amazon Seller Wallet holds US store proceeds in USD inside Seller Central, with a separate EUR wallet for seven EU stores. Transfers in USD to US bank accounts and USD payments to US-based suppliers are free; transfers to 20+ other currencies cost 1.50% to 0.75% by volume.
How long do Amazon payouts take to reach a foreign bank account?
Amazon states that converter funds generally arrive in 1 to 5 business days. From Seller Wallet, transfers to EUR, CAD, HKD, INR, AUD, SGD, NZD and CHF typically arrive the next business day if sent before the daily cut-off, and GBP and TWD within two business days.
Can I receive Amazon payouts in USD outside the US?
Yes, with a USD receiving account from a provider that Amazon accepts as a deposit method for your store, or by holding USD in Seller Wallet. Seller Wallet also lets eligible sellers transfer USD to their own Hong Kong account once cross-currency proceeds exceed 100,000 USD a year.
Does Payoneer charge to receive Amazon payments?
Payoneer's fee page lists receipts from marketplaces as varying by marketplace. Conversion between balances costs 0.50%, and withdrawals to a bank with conversion cost 1.2% to 4%, as published on 29 October 2026.
Can a non-US company sell on Amazon.com and get paid?
Yes. Amazon's converter supports 20+ payout currencies, and Seller Wallet accepts businesses established in its supported countries and regions. Some account providers accept only listed countries, so check eligibility for your country of registration first.
Should I link my Amazon seller accounts in different stores?
If you use Amazon Currency Converter for Sellers, linking global accounts prices all stores on your combined volume. Amazon's example shows a seller with $1.1 million across three stores moving from 1.5% to 1.0%, saving $5,500.
Which Amazon seller account fee applies?
Amazon's pages state that a Professional selling account costs $39.99 a month plus selling fees. This is separate from any banking or conversion cost.
References
- Amazon: Currency Converter for Sellers
- Amazon: Seller Wallet
- Buckingham Capital Consulting: Global Trade Banking Index 2026
- Payoneer: fees
- WorldFirst: business pricing (UK)
- Wise: Wise Business pricing (US)
- Airwallex: pricing (US)
This guide is general information for businesses, not financial, legal or tax advice. Rules, fees and timings were checked against the sources listed on the review date and may change.