Register Guidelines E-Books Search Today's Posts Mark Forums Read

Go Back   MobileRead Forums > E-Book General > Writers' Corner

Notices

Reply
 
Thread Tools Search this Thread
Old 02-06-2013, 07:31 AM   #1
avantman42
Guru
avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.
 
avantman42's Avatar
 
Posts: 949
Karma: 3078697
Join Date: Sep 2010
Location: UK
Device: Kindle & Nook
Amazon now offers EFT payment to UK & EU authors for Amazon.com sales

Authors in the UK and EU now have the option of getting their Amazon.com royalties paid direct to their bank account via EFT, instead of getting a cheque.

From https://kdp.amazon.com/self-publishing/help
Quote:
KDP updates royalty payment options for UK and EU

We are pleased to announce Kindle Direct Publishing (KDP) has new payment options available. You can update your account starting today for royalty payments to be made in April, 2013. Your account preferences can be set to receive royalty payments electronically across all marketplaces in British pounds or Euros. In order to be paid by Direct Deposit, your bank account will need to be located in the United Kingdom or in Europe.

It’s easy to make updates to your account information and payment preferences at any time.

Visit your KDP Account page now.

Best Regards,
The Kindle Direct Publishing Team
avantman42 is offline   Reply With Quote
Old 02-06-2013, 08:35 AM   #2
HarryT
eBook Enthusiast
HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.
 
HarryT's Avatar
 
Posts: 64,004
Karma: 42250001
Join Date: Nov 2006
Location: UK
Device: PW2, iPad Retina Mini, iPhone 4, MS Surface Pro, Kobo H2O, N7
That's good. I think Amazon are the only people who still send me cheques! They're getting pretty rare these days - I know I haven't written one for about two years.
HarryT is offline   Reply With Quote
Old 02-06-2013, 10:16 AM   #3
gmw
cacoethes scribendi
gmw ought to be getting tired of karma fortunes by now.gmw ought to be getting tired of karma fortunes by now.gmw ought to be getting tired of karma fortunes by now.gmw ought to be getting tired of karma fortunes by now.gmw ought to be getting tired of karma fortunes by now.gmw ought to be getting tired of karma fortunes by now.gmw ought to be getting tired of karma fortunes by now.gmw ought to be getting tired of karma fortunes by now.gmw ought to be getting tired of karma fortunes by now.gmw ought to be getting tired of karma fortunes by now.gmw ought to be getting tired of karma fortunes by now.
 
gmw's Avatar
 
Posts: 2,225
Karma: 69136147
Join Date: Nov 2010
Location: Australia
Device: Sony650
No sign of Australia on that list yet.
gmw is offline   Reply With Quote
Old 02-06-2013, 02:56 PM   #4
Mike L
Wizard
Mike L ought to be getting tired of karma fortunes by now.Mike L ought to be getting tired of karma fortunes by now.Mike L ought to be getting tired of karma fortunes by now.Mike L ought to be getting tired of karma fortunes by now.Mike L ought to be getting tired of karma fortunes by now.Mike L ought to be getting tired of karma fortunes by now.Mike L ought to be getting tired of karma fortunes by now.Mike L ought to be getting tired of karma fortunes by now.Mike L ought to be getting tired of karma fortunes by now.Mike L ought to be getting tired of karma fortunes by now.Mike L ought to be getting tired of karma fortunes by now.
 
Mike L's Avatar
 
Posts: 1,415
Karma: 3818575
Join Date: Apr 2009
Location: Edinburgh, Scotland
Device: Kindle 3, Nexus 7
It's amazing that this should be news. Electronic funds transfer (aka direct deposit or bank transfer) has been the norm among businesses for many years now. It's hard to believe that Amazon has only just realised that.

Mike
Mike L is offline   Reply With Quote
Old 02-06-2013, 03:03 PM   #5
AnemicOak
Bookaholic
AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.
 
AnemicOak's Avatar
 
Posts: 10,403
Karma: 28862287
Join Date: Oct 2007
Location: Minnesota
Device: HDX 8.9, AuraHD, Nook HD+, Kindle 2,3,T , Opus, Nexus7, iPhone5, etc
Quote:
Originally Posted by Mike L View Post
It's amazing that this should be news. Electronic funds transfer (aka direct deposit or bank transfer) has been the norm among businesses for many years now. It's hard to believe that Amazon has only just realised that.
More common in Europe I think? Many businesses in the US still use paper checks for a lot of transactions.
AnemicOak is offline   Reply With Quote
Old 02-06-2013, 03:49 PM   #6
HarryT
eBook Enthusiast
HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.
 
HarryT's Avatar
 
Posts: 64,004
Karma: 42250001
Join Date: Nov 2006
Location: UK
Device: PW2, iPad Retina Mini, iPhone 4, MS Surface Pro, Kobo H2O, N7
Quote:
Originally Posted by AnemicOak View Post
More common in Europe I think? Many businesses in the US still use paper checks for a lot of transactions.
Yes, I believe many people in the US still pay bills by cheque? "Direct Debit" (the company withdrawing money directly from the customer's bank account) has almost entirely replaced it in the UK. Generally companies give you a discount for paying by DD, because it's a lot easier for them, too.
HarryT is offline   Reply With Quote
Old 02-06-2013, 03:57 PM   #7
AnemicOak
Bookaholic
AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.
 
AnemicOak's Avatar
 
Posts: 10,403
Karma: 28862287
Join Date: Oct 2007
Location: Minnesota
Device: HDX 8.9, AuraHD, Nook HD+, Kindle 2,3,T , Opus, Nexus7, iPhone5, etc
Quote:
Originally Posted by HarryT View Post
Yes, I believe many people in the US still pay bills by cheque? "Direct Debit" (the company withdrawing money directly from the customer's bank account) has almost entirely replaced it in the UK. Generally companies give you a discount for paying by DD, because it's a lot easier for them, too.
I think it's more common here for private consumers to pay electronically than for businesses to. At least in my experience. I personally pay all of my bills except one electronically, but none of them give a discount for doing so and one charges a small extra fee to do so.
AnemicOak is offline   Reply With Quote
Old 02-06-2013, 04:02 PM   #8
HarryT
eBook Enthusiast
HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.
 
HarryT's Avatar
 
Posts: 64,004
Karma: 42250001
Join Date: Nov 2006
Location: UK
Device: PW2, iPad Retina Mini, iPhone 4, MS Surface Pro, Kobo H2O, N7
Quote:
Originally Posted by AnemicOak View Post
I think it's more common here for private consumers to pay electronically than for businesses to. At least in my experience. I personally pay all of my bills except one electronically, but none of them give a discount for doing so and one charges a small extra fee to do so.
But is that with you having to actually manually make the transfer via your online banking account? The point about Direct Debit is that the customer doesn't trigger the transfer - the company does. The customer doesn't need to do anything at all, after authorising the DD agreement in the first place. As far as I know, the US banking system doesn't have any equivalent of Direct Debit, as far as I'm aware.
HarryT is offline   Reply With Quote
Old 02-06-2013, 04:11 PM   #9
AnemicOak
Bookaholic
AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.AnemicOak ought to be getting tired of karma fortunes by now.
 
AnemicOak's Avatar
 
Posts: 10,403
Karma: 28862287
Join Date: Oct 2007
Location: Minnesota
Device: HDX 8.9, AuraHD, Nook HD+, Kindle 2,3,T , Opus, Nexus7, iPhone5, etc
Quote:
Originally Posted by HarryT View Post
But is that with you having to actually manually make the transfer via your online banking account? The point about Direct Debit is that the customer doesn't trigger the transfer - the company does. The customer doesn't need to do anything at all, after authorising the DD agreement in the first place. As far as I know, the US banking system doesn't have any equivalent of Direct Debit, as far as I'm aware.
With most vendors you can setup payment either way. Either I can go to their website and pay each month telling them to take the money from my bank account or it can be setup in the manner you call "Direct Debit" although they call it something different. That's been around for many years.

EDIT: I guess the direct debit term does get used some times, but the term I was thing of was ACH (Automated Clearing House) which is the overall system used. This system is also what's used when companies offer direct deposit of employee paychecks.

Last edited by AnemicOak; 02-06-2013 at 04:16 PM.
AnemicOak is offline   Reply With Quote
Old 02-06-2013, 04:42 PM   #10
ApK
What did you call me?
ApK ought to be getting tired of karma fortunes by now.ApK ought to be getting tired of karma fortunes by now.ApK ought to be getting tired of karma fortunes by now.ApK ought to be getting tired of karma fortunes by now.ApK ought to be getting tired of karma fortunes by now.ApK ought to be getting tired of karma fortunes by now.ApK ought to be getting tired of karma fortunes by now.ApK ought to be getting tired of karma fortunes by now.ApK ought to be getting tired of karma fortunes by now.ApK ought to be getting tired of karma fortunes by now.ApK ought to be getting tired of karma fortunes by now.
 
Posts: 4,369
Karma: 34750763
Join Date: Feb 2010
Location: NJ, USA
Device: Kindle
I haven't personally written a check in long while, but my wife still writes one or two a month. Sometimes because she has to, sometimes because she resists the electronic payment system for some inexplicable reason.

I've always gotten my Amazon/Smashwords/ebay/etc payments electronically, but lately, I enjoy when someone writes me a check, because I get to deposit it instantly from my smartphone, and that still amuses me.
ApK is offline   Reply With Quote
Old 02-17-2013, 12:39 PM   #11
cathalmc
Member
cathalmc ought to be getting tired of karma fortunes by now.cathalmc ought to be getting tired of karma fortunes by now.cathalmc ought to be getting tired of karma fortunes by now.cathalmc ought to be getting tired of karma fortunes by now.cathalmc ought to be getting tired of karma fortunes by now.cathalmc ought to be getting tired of karma fortunes by now.cathalmc ought to be getting tired of karma fortunes by now.cathalmc ought to be getting tired of karma fortunes by now.cathalmc ought to be getting tired of karma fortunes by now.cathalmc ought to be getting tired of karma fortunes by now.cathalmc ought to be getting tired of karma fortunes by now.
 
Posts: 16
Karma: 510134
Join Date: Sep 2012
Device: Kindle
Good news - that'll save a few pennies on paying the cheque into a UK bank. I found Natwest charged the least, think it was £5 per cheque.
cathalmc is offline   Reply With Quote
Old 02-17-2013, 01:38 PM   #12
HarryT
eBook Enthusiast
HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.
 
HarryT's Avatar
 
Posts: 64,004
Karma: 42250001
Join Date: Nov 2006
Location: UK
Device: PW2, iPad Retina Mini, iPhone 4, MS Surface Pro, Kobo H2O, N7
Yes, I've had some cheques from Amazon which werent worth paying in - the charges would have been more than the amount.
HarryT is offline   Reply With Quote
Old 02-19-2013, 09:08 AM   #13
dworth
Zealot
dworth ought to be getting tired of karma fortunes by now.dworth ought to be getting tired of karma fortunes by now.dworth ought to be getting tired of karma fortunes by now.dworth ought to be getting tired of karma fortunes by now.dworth ought to be getting tired of karma fortunes by now.dworth ought to be getting tired of karma fortunes by now.dworth ought to be getting tired of karma fortunes by now.dworth ought to be getting tired of karma fortunes by now.dworth ought to be getting tired of karma fortunes by now.dworth ought to be getting tired of karma fortunes by now.dworth ought to be getting tired of karma fortunes by now.
 
dworth's Avatar
 
Posts: 132
Karma: 2094632
Join Date: Jul 2010
Location: Bradford, UK
Device: kindle pc
Ah, this is excellent news! Especially since Natwest seem to have upped their charges to about 10% for foreign currency cheques.
dworth is offline   Reply With Quote
Old 02-19-2013, 11:22 AM   #14
HarryT
eBook Enthusiast
HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.
 
HarryT's Avatar
 
Posts: 64,004
Karma: 42250001
Join Date: Nov 2006
Location: UK
Device: PW2, iPad Retina Mini, iPhone 4, MS Surface Pro, Kobo H2O, N7
Quote:
Originally Posted by dworth View Post
Ah, this is excellent news! Especially since Natwest seem to have upped their charges to about 10% for foreign currency cheques.
Yes, I really wish they'd pay British authors in Pounds. Make life a lot easier for us that way.
HarryT is offline   Reply With Quote
Old 02-19-2013, 12:04 PM   #15
mr ploppy
Feral Underclass
mr ploppy ought to be getting tired of karma fortunes by now.mr ploppy ought to be getting tired of karma fortunes by now.mr ploppy ought to be getting tired of karma fortunes by now.mr ploppy ought to be getting tired of karma fortunes by now.mr ploppy ought to be getting tired of karma fortunes by now.mr ploppy ought to be getting tired of karma fortunes by now.mr ploppy ought to be getting tired of karma fortunes by now.mr ploppy ought to be getting tired of karma fortunes by now.mr ploppy ought to be getting tired of karma fortunes by now.mr ploppy ought to be getting tired of karma fortunes by now.mr ploppy ought to be getting tired of karma fortunes by now.
 
mr ploppy's Avatar
 
Posts: 3,526
Karma: 26546435
Join Date: Jan 2010
Location: Yorkshire, tha noz
Device: 2nd hand paperback
I like getting a cheque from Amazon, it makes it more real.

So they are paying dollar accounts in pounds now? That would be more useful, but it doesn't say what their conversion rates are?
mr ploppy is offline   Reply With Quote
Reply

Tags
kdp

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Amazon offers indie authors reward for going exclusive J. Strnad News 471 04-15-2012 10:00 AM
Att: Authors & Publishers Feedback on Amazon'z KDP Select wannabee General Discussions 27 02-28-2012 12:12 PM
E-book payment at Amazon Catlady General Discussions 17 11-25-2011 05:59 PM
Amazon offers jobs to avoid collecting Texas sales taxes jocampo News 21 06-22-2011 07:52 PM
Advancing Amazon's Sales Model: Print & e-book Combo Purchase) applewine Amazon Kindle 28 12-20-2010 11:40 AM


All times are GMT -4. The time now is 04:32 AM.


MobileRead.com is a privately owned, operated and funded community.