Using TransferWise

Countries

Read only
Australia
Belgium
Brazil
Canada
Egypt
France
Germany
India
Italy
Japan
Mexico
Netherlands
Poland
Saudi Arabia
Singapore
Spain
Sweden
Turkey
United Arab Emirates
United Kingdom
United States
United Kingdom
imgSign in
user profile
Seller_8rbtW4sSqhXRv

Using TransferWise

Hi

We are a UK based business and selling EU wide on Amazon’s Pan-European and we are getting pain in GBP into our UK bank account for sales made in the EU sites. In order to avoid losing money when EUR are converted over to GBP for disbursements we have opened a EUR account using TransferWise that has an address in Germany.

Is it going to cause problems when we change the payment info to point to our new EUR account in the EU Amazon sites? Also do we continue paying taxes (not VAT) to UK for the sales made in the EU sites even if Amazon disburse the funds to an account that has address in Germany?

Thanks

321 views
5 replies
Tags:International expansion
10
Reply
0 replies
user profile
Seller_0pkMTMROIPEmY

Amazon do not accept TransferWise.

00
user profile
Seller_8rbtW4sSqhXRv

Any help regarding tax payment?

00
Follow this discussion to be notified of new activity