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Watch now to claim my new book on Effective Book Marketing Strategies.Good news! Amazon KDP now accept Nigerian bank accounts. This is a breaking news and it is good news to Nigerian authors who have their books published on Amazon using the Amazon Kindle Direct Publishing (KDP) platform.
Related: How to write an Amazon bestseller in the new year
Breaking news: Amazon KDP now accept Nigerian bank accounts
As a publishing firm that has helped lots of Nigerian authors to get their books published on Amazon over the years, this news really gladdens our hearts. Coupled with the facts that we also have lots of our own in-house books published and sold on Amazon, we should send some thank you gifts to Amazon for this decision.
In the past, Nigerian banks accounts were not allowed. When it is the time to enter a bank account to receive royalties in the Account settings section of Amazon KDP accounts, Nigerian authors always have to either pick the following options:
- Payment by check
- Payment by gift vouchers
- Go through Payoneer.com
- Go through Wise.con
- Or use a friend’s bank account in any of the accepted countries
You can read the following posts on this blog where we earlier profiled payment methods for Nigerian authors on Amazon:
Amazon and Payoneer Payment for Nigerian authors
How do I receive Payment from Amazon KDP in Nigeria
Please watch this video we did to show you how we have published and sold lots of books online and offline over the years.
Discovering the breaking news of Amazon KDP accepting Nigerian bank accounts
We discovered this fresh news of Amazon KDP accepting Nigerian bank accounts when we were publishing a book for a client. As usual, we were about profiling the client for check payment when we discovered that Amazon now provides the option for Nigerian bank accounts to be entered to receive royalties.
We immediately tried it out and it was accepted. Good news.
Amazon KDP now accept Nigerian bank accounts: What is in it for Nigerian authors?
There is so much in it for Nigerian authors who have their books published on Amazon KDP:
- They can now receive payment by electronic transfer into their Nigerian bank accounts
- They don’t have to wait till their royalties reach $100 before they receive check payment
- They don’t have to be forced to use their royalties as gift cards to make purchases online
- They don’t to go through third parties like Payoneer or Wise or Geegpay who charge abnormal or high commission to use their services
Some pictures to aid you adding your Nigerian bank account
Here are some pictures that can help you to add your Nigerian bank account to.your Amazon KDP account.
Note: This blog post will be completed tomorrow. Please watch out and come back for it.
Frequently Asked Questions About Publishing books on Amazon KDP by Nigerians
The following are the frequently asked questions about publishing books on Amazon KDP by Nigerians:
Does Amazon KDP pay Nigerians?
Yes, Amazon KDP pay Nigerians. You just read the details in the article in this page that Nigerian authors can publish and sell their books on Amazon KDP and get paid into their Nigerian bank accounts.
Can Nigerians sell books on Amazon KDP?
Yes, Nigerians can sell books on Amazon KDP.
How to start Amazon KDP in Nigeria?
You can start Amazon KDP in Nigeria as a Nigerian author. You will be able to register free here.
There are many other processes involved to get your book published on Amazon. You may need to read this post on our blog on how to publish books on Amazon by Nigerians
You can also get in touch with us at Sarefat Vision Investment Publishing to help you out. We have done that for lots of authors over the years.
We don’t just help authors to publish, we start an ongoing relationship with authors and give tips on how to market books on Amazon KDP.
Get in touch with us now:
Call or Whatsapp 08034300979 or email infobooksng@gmail.com
How much does it cost to cost to publish through Amazon KDP
It does not cost anything to publish books on Amazon KDP. It is completely free.
However, some authors prefer to hand over the publishing aspect to an experienced publisher like us at Sarefat Vision Investment Publishing.
This is because we bring more effectiveness and professionalism into the publishing process that can help the book to sell very well.
Contact us to publish your books on Amazon and enjoy the extra touch we bring into the process.
Call or Whatsapp 08034300979 or email infobooksng@gmail.com
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Does this actually work, I hope there is no longer procedure involved.
It works. No long procedure involved
I just tried this now – it keeps saying account not in use
You need to use another bank account
SO please, how do I go about adding my Nigeria bank account to Amazon kdp
Go to your account settings on top of your dashboard. Go to add bank account.
You will need the sort code of the bank you’re using and the account number.
You can get the sort code by searching on Google.
How will they do the conversion, hope it won’t be that bank will cut large chunk of the royalty in the name of conversion because it’s one of the reasons many are using third-party like payoneer, grey and the likes. Please let’s us know if there won’t be much deduction or maybe Amazon will convert it by themselves.
It’s better than Payoneer and others in terms of cost. The only downside is that you have to reach a threshold of 100$ before you get paid.