Does Amazon Europe KYC require a public account? What information does Amazon KYC require?

In order to expand their sales channels, merchants often enter cross-border e-commerce. Amazon is one of the channels. However, when registering on Amazon, we need to conduct a KYC review. Does Amazon Europe KYC require a public account? Next, we will explain this aspect to you.

Amazon Europe KYC requires a public account.

What information does Amazon KYC require?

1. Business registration information

It mainly refers to the company's business license. Amazon sellers must provide a complete high-definition color photo scan of the original company business license.

2. Primary contact and beneficiary

Provide the primary contact person and beneficiary's ID, which is the front and back of their passport or ID card.

3. Company expense bill

Amazon sellers need to provide the company's expense bills, including water/electricity/gas bills, landline/mobile phone bills, Internet bills, tax/insurance/social security bills, bank statements, etc. At the same time, the bills must be issued within 90 days and issued by public utilities. In addition, the company name on the bill must be consistent with the legal name of the company registered with Amazon, and the address on the bill must be the same as the business license or actual operating address. If the bill is in the name of the landlord, a formal house rental contract certificate must be provided.

4. Daily expense bills for primary contact and beneficiary

The seller needs to provide the daily expense bills of the primary contact and beneficiary, including water/electricity/gas bills, landline/mobile phone bills, Internet bills, tax/social security bills, personal credit card bills, etc. At the same time, the fees and invoice dates must be within 90 days and issued by a formal institution. The bills must include the name and current detailed residential address of the primary contact. If the above bills cannot be provided, you can try to provide a personal temporary residence permit or temporary residence permit.

5. Corporate bank account statement

Provide a public account license (valid for 1 year) or a public bank statement. The public bank account can be different from the Amazon payment account, but the public bank statement must contain a clear company name, bank name or logo, and the bill must be issued within 6 months. The public bank statement must be a scanned copy of the paper bill.

6. The recipient’s overseas bank account

Amazon sellers are advised to provide the company’s public account or the personal account of the company’s beneficiary as the payment account.

7. Authorization letter

If the primary contact is not the legal person or beneficiary of the company, the Amazon seller needs to provide an authorization letter (the legal person of the company authorizes the primary contact to actually operate the account).

When Amazon KYC audits, you must prepare all the information and ensure that the KYC audit information is true. This will speed up the platform review. Generally, it only takes three to five days. If you encounter other situations, it may take longer!