How long does it usually take for Amazon to withdraw cash? What are the withdrawal rules?

Now the prospect of cross-border e-commerce is really good, and there are many cross-border e-commerce platforms on the market. Some friends finally choose to register and open a store on the Amazon platform, and want to know about the content of Amazon withdrawal, such as how many days does it usually take for Amazon withdrawal to arrive!

After an Amazon order is completed, the platform will transfer the funds to the seller's payment account 14 days later, which means that the funds will be transferred twice a month; after the funds are transferred, the seller can withdraw the funds at any time.

After Amazon transfers the funds, it will take 1-3 days for the seller to withdraw the funds from the payment account. The withdrawal time will vary depending on the payment method bound by the seller. For example, with Payoneer, it will take about 1-2 days to arrive in the account after withdrawal, with WorldFirst it will take about 2-3 days, and with PingPong it will be faster, with the funds arriving in as fast as 1 working day.

How does Amazon collect payment for opening a store?

How can you open a store on Amazon without the issue of payment? For every seller who opens a store on Amazon, they need to bind a payment account in the store background to receive funds. The Amazon platform will transfer the payment to the seller's payment account every 14 days. Of course, sellers can choose payment methods provided by different financial companies to receive payments, such as payoneer, World First, PingPong cards, American bank cards, Hong Kong bank cards, etc., which are commonly used by sellers now. So how to choose these Amazon payment methods?

From the current application methods, the application qualification requirements for US bank cards are relatively high, and the transfer fee for Hong Kong bank cards is relatively high, so relatively few people choose these two payment methods at this stage. Currently, most sellers prefer to choose p cards, wf cards and pingpong.

Among these three payment methods, WF card is the abbreviation of World First, which is a British foreign exchange company and one of the payment methods recommended by Amazon Global Store. P card is a US foreign exchange company and one of the payment methods recommended by Amazon, a cross-border e-commerce platform. Pingpong is the first cross-border e-commerce payment platform in China.

Currently, P-card can provide four payment accounts: USD, EUR, GBP, and JPY, which can receive funds from companies in the United States, EU, UK, and Japan. WF provides accounts in five currencies: USD, GBP, EUR, CAD, and JPY.

To determine whether the withdrawal is successful, the seller can check in his or her own payment account, or check whether the withdrawal bank card has received the money. If the money has not been received within the time limit, the seller needs to contact the platform customer service of the payment account to find out the reason and avoid difficulties in capital turnover.

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