Getting set up on Amazon Affiliates - What's A Routing Code?!
I know it's been a few months, but I can assure you this blog post is worth the wait!
Remember back to my last blog post when I wrote about the multiple ways of earning money on the internet?
Well one way I mentioned was by Amazon Affiliates Programme. But let me tell you, when I went to sign up I noticed there is one field that stumps you!
It's when you set up your payment and it required a 'Routing Code'
Routing Codes are for an American Bank Account, and it's a required field on sign up so for most it's a sticking point, but I can help!
So, because I work internationally I had to find a way to reduce my Foreign Exchange costs and I came across Transferwise
The best thing about them is they give you the best rate and are really competitive to other banks and PayPal at that moment, but although that's awesome, it's beside my point right now!
What it allows you to do is set up local bank accounts in other countries that you may need to be paid in.
It's been great for me because I can be paid in local currency of that in which I am working in, and then sending the money to my bank 'normal' account is instant - the first transfer took maybe 10-15mins but since then it's seconds.
Point is, so what you do ... you set up a US Bank account on Transferwise and then you have yourself a Routing Code. I have been using this for months and it is so easy to use and set up.
You can have a personal account and a business account and access to debit card if you want one.
Believe me though, online banks are becoming the norm, just read about Alipay in China taking over Visa & Mastercard with their online loans - as well as the likes of payment options like AfterPay and ZipPay collecting data and will become more and more the norm to issuing credit.
If you want to play on the Transferwise exchange rate calculator then you can do that here!
I hope this blog helps you get set up on Amazon!!