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Last Post:
Jan 17, 2010 2:34 AM
by: endaxipress
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Posts:
2
Registered:
11/26/07
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No US bank account
Posted:
Nov 26, 2007 9:10 AM
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How do those of us who do not have, and cannot open under the existing rules set up, a US bank account create a DTP account with Amazon.com?
PS I have had the same trouble with sales commissions through web-referrals for the last 6 years with 'payment' in book tokens.
Chas J
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Posts:
1,287
Registered:
12/31/69
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Re: No US bank account
Posted:
Nov 26, 2007 9:47 AM
in response to: writersservices
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You need a US bank account to use Amazon DTP.
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Posts:
3
Registered:
11/22/07
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Re: No US bank account
Posted:
Nov 27, 2007 2:14 PM
in response to: writersservices
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I just read a reply to a post here saying that an author MUST have a US Bank account to sell digital products/books here. Well I am wondering about the many author's books that was automatically formated and offered in Kindle format from Mobipocket. Does Amazon just assume the every author/published automatically have a bank account? Is that even fair? I mean Mobipocket pays all authors thru either paypal or a check and does NOT DEMAND that authors have a bank acount. Does this mean that authors who books was formated to Kindle automatically from Mobipocket NOT get paid for sells?
I'm sure there will be many new questions about this as authors want to sell their books in every format possible, and we all know Amazon is the #1 route. But being forced to have a bank account I don't think was listed in any agreement we ever signed. Can I get some answers here please?
Thank you in advance.
CVC, Ph.D.
Author of Mobipocket Bestsellers "MCSE In 3 Weeks", and "Network+ In 21 Days"
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Posts:
1,287
Registered:
12/31/69
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Re: No US bank account
Posted:
Nov 28, 2007 12:42 PM
in response to: doc4it
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I do not have any information on Mobipocket-sourced content, but I suggest you get in touch with your Mobipocket representative.
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Posts:
2
Registered:
11/26/07
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Re: No US bank account
Posted:
Nov 29, 2007 7:56 AM
in response to: doc4it
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It is close to impossible for people who do not have a US Social Security number and/or are registered with the revenue service to open a US Bank account. Google, PayPal, Barnes & Noble among others have addressed this issue and allow you to make a declaration so the money can be paid into an overseas account. (PayPal have now set up in Europe)
Even these make you jump through a few hoops - You can end up rushing between your office phone (mobiles won't do) and your bank to get answers to questions like 'how much have we just paid into your account?' (Yes - they actually give you a few pennies!)
Hey guys - You need to sort this one out.
You already pay me through amazon.co.uk and you even send me funds for sales of books through amazon.com via Inghams who distribute my books in the US. There are ways to remit funds for overseas publishers. Please don't be so insular. Lets go global.
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Posts:
1
Registered:
12/5/07
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Re: No US bank account
Posted:
Dec 5, 2007 2:16 AM
in response to: dtpadmin
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We are a UK Publisher and market books through Amazon.co.uk and Amazon.com. Does this mean that we are unable market those same books through Amazon DTP? If not, when will we be able to as we are currently in the process of preparing the text for upload?
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Posts:
1,287
Registered:
12/31/69
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Re: No US bank account
Posted:
Dec 5, 2007 10:40 AM
in response to: apexuk
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Marketing books on the Amazon Kindle (prepared through DTP) is not possible without the aforementioned US banking/tax information. We currently have no information on when this will change.
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Posts:
1
Registered:
1/30/08
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Re: No US bank account
Posted:
Jan 30, 2008 4:54 PM
in response to: dtpadmin
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I am an author whose single book (so far) has been successfully marketed on Amazon in both the U.S. and the U.K. It seems strange that Amazon's DTP wishes to exclude writers not resident in the U.S. through the restricting requirement of an American bank account. Why would it want to limit its market to U.S. authors and publishers? Is this because Kindle is not supported (yet?) in other countries? Because it has focused its technology on wireless delivery (not successful everywhere, apparently)? Or because it believes only American authors, or foreign authors published by American publishers are worth reading? Kindle could be a great device for the global extension of reading and writing, but not until it becomes universal. If Amazon can't, or won't lift the artificial restriction on its payment system, Kindle is destined to become just another clever technological gimmick. Personally, I can't see that being allowed to happen. But when will things change?
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Posts:
1,287
Registered:
12/31/69
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Re: No US bank account
Posted:
Jan 31, 2008 11:53 AM
in response to: geoluck
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Currently, Kindle is only available in the United States (which also limits publishing availability due to bank account and tax information issues).
However, please rest assured that we are doing everything we can to look at promoting and selling Kindle outside of the US. This is not a matter of intentional exclusion.
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Posts:
1
Registered:
4/16/08
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Re: No US bank account
Posted:
Apr 16, 2008 10:11 AM
in response to: dtpadmin
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Hi,
I see that the last entry on this topic is from Jan 31, 2008. I was wondering if there was any progress/chance in this between then and now. I am a Canadian publisher and would like to make use of the Kindle's DTP option. Thanks.
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Posts:
1,287
Registered:
12/31/69
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Re: No US bank account
Posted:
Apr 17, 2008 2:55 PM
in response to: clexio
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You currently still need a US bank account and US tax information (SSN/TIN/EIN) to use Amazon DTP.
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Posts:
2,702
Registered:
11/23/07
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Re: No US bank account
Posted:
Apr 28, 2008 3:07 AM
in response to: writersservices
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You can end up rushing between your office phone (mobiles won't do) and your bank to get answers to questions like 'how much have we just paid into your account?' (Yes - they actually give you a few pennies!)
Oh gosh, that shouldn't be necessary! Surely you have online banking in the UK (wherever)?
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Posts:
1
Registered:
10/8/09
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Re: No US bank account
Posted:
Oct 8, 2009 11:24 PM
in response to: dtpadmin
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Amazon.com is now offering an international version of the Kindle for use in Australia and other countries. I would like to publish material via the Kindle from Australia. When will I be able to do this? I am an Amazon Associate and am registered to receive payments from Amazon in Australia, so why can't I do that for Kindle payments?
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Posts:
1
Registered:
10/9/09
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Re: No US bank account
Posted:
Oct 9, 2009 12:31 AM
in response to: writersservices
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As Kindle is now being offered by Amazon for sale in the UK (and presumably elsewhere) are UK publishers now able to use their UK Amazon accounts and UK banking details? If not, is there a timetable for this?
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Posts:
2,702
Registered:
11/23/07
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Re: No US bank account
Posted:
Oct 9, 2009 4:12 AM
in response to: dandi_books
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I think patience is required. Surely Amz will want to see how its 'international' Kindle reader works out in practice. This business of have two different price levels is rather odd, and I suspect that clever folk will find a workaround. After all, you can buy a Kindle and register it in the US, or have your sister-in-law do so, and then download books via your PC anywhere in the world. Why pay $8.04 for a $4.99 book if you don't have to?
And the international rights are a potential minefield. For us DTP publishers, we mostly own all rights, since we created the thang, but that's not true for a lot of books. And some books are copyright in one country and not in another (less of a problem for a US-based bookseller, since the US probably has the most restrictive, not to say bizarre, copyright law).
The rollout of an 'international' Kindle was really rather clever. Amz gets to test the market without spending money on something really knew. The software can't cost as much as a penny an item, so surely all Kindles will one day be international and sold for the same price--no doubt something like $199.
Wall Street Journal yesterday carried the estimated that Kindle readers have 60 percent of the market, Sony Readers 35 percent, and everyone else splitting the last, desperate 5 percent. The big question of course is whether Steve Jobs will jump into this field. The first mover is not always the one who dominates the field: think Betamax, IBM PC, and everyone else's telephone before the iPhone.
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