Once you’ve earned commission incomes, there are a number of ways to claim them. If you want to receive the payout by direct deposit, you’ll need your IBAN and BIC codes. Here’s how to find them
To receive payment for commission incomes, Amazon Associates members can choose between an Amazon Gift Card, a cheque or a direct deposit. In order to receive a payout by direct deposit, you’re required to enter the IBAN and BIC codes of your bank account in advance in the Payment Options section at Associate Centrals.
We’re often asked by our Associates what IBAN and BIC are for and where to get them from, so read on to find out.
What Is An IBAN And Where Can I Find It?
The IBAN (International Bank Account Number) is a globally valid account number for Giro bank accounts, developed to harmonise international payment transactions. It is mainly used for payment transactions inside the European Union. You’ll find your IBAN number on the front of your bank card.
If you don’t have your bank card, ask your bank for the IBAN or, if you have your account number and your bank’s sort code to hand, you can use an IBAN calculator like this one to find out your IBAN number.
What Is A BIC And Where Can I Find It?
The BIC (BusinessIdentifier Code) is a globally valid bank code. It’s also often referred to as a SWIFT code, since it is defined and assigned by the SWIFT. This is an association of more than 8,000 financial institutions in over 200 countries.
You can find the BIC on the back of your bank card. If you don’t have your bank card but you know the exact name of your bank, you can visit also find your bank’s site to find out the bank’s BIC code.