What's The Best Way To Get US Bank Account To Sell On Amazon | Ep. #102 - Q&A Selling Online - From Amazon FBA to Shopify, Digital Marketing and Facebook Ads
Summary: Hi. I’d assume that there would be a big benefit from having a US bank<br><br> account or two when selling on Amazon.com. What’s the best way to get<br><br> one?<br> Hey Ed,<br> that is a great question that most non-US sellers forget about.<br><br> I’m not sure what country you are in, but there are great benefits of having a US bank account.<br><br> Actually, I can only think of 1 benefit, but it is a big one. It’s 2 to 3% of your conversion.<br><br> So the more you sell the bigger the amount you will lose during the transactions if your account is not in the US.<br><br> Technically your bank doesn’t need to be in the US.<br><br> For example, in Canada, there are a couple options of Canadian banks that offer that service.<br><br> Like the RBC Access US account.<br><br> Amazon will send US dollars to will send US$ to any ACH enabled bank account, so ask your bank if they have that option.<br><br> Normal accounts in Canada use CCH to handle money transfers.<br> On top of this, you can use the USD from that account to pay your Chinese suppliers, and you save again for the second time
