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Amazon currency converter rates12/13/2023 ![]() These soon add up to a significant chunk of your hard-earned profits. You won’t be getting the best exchange rates through your bank, and your bank charges extra fees from around $15 to $25 or more every time you get an Amazon payment. ![]() But banks are notorious for charging high fees for currency exchange – anything from 2% upwards. You could use the currency exchange services in your home bank account so the bank will receive your Amazon payment in Real or Euros, convert it into your home currency, and then deposit it in your bank account. You also can’t guarantee that you’re getting the best exchange rate. It’s easy and takes care of all the hassle – but you’ll have to pay around 4% in transaction fees for the privilege. With the ACCS, Amazon changes your payments into your home currency before making the transfer. Four ways to receive international payments from Amazon Amazon Currency Converter for Sellers (ACCS) You could end up paying $400 or more in fees on an annual turnover of $10,000, depending on how you choose to receive your Amazon international payments. Of course, you can convert them into your native currency – but it will cost you. Your bank account probably only accepts payments in your native currency, but your sales were made in Brazilian Real, Mexican Pesos or Euros. Amazon will only send payments to a bank account, leaving international sellers facing a problem. According to Amazon’s own regulations, you can’t receive your payments in an online payment system like PayPal or accept them to your credit card. When your Amazon seller account is in credit, Amazon sends you the money through an Electronic Funds Transfer (EFT) or Automated Clearing House (ACH). But others, like the fees associated with processing your Amazon international payments, can be reduced or removed entirely if you make smart payment processing choices. Some Amazon fees are unavoidable, like the standard sellers’ fee of $39.99 per month or $0.99 per item sold and the per item fee of between 6% and 20% of the selling price (Amazon USA). Amazon makes it easy to become an international seller, but it doesn’t come free of charge. Amazon is a highly popular marketplace for online sellers – with good reason, since it has a huge number of buyers, a supportive fulfillment service, and a presence in 15 countries around the world.
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