How to Add and Verify Your Bank Account Details in Mturk for Withdrawing Earnings
How to Add and Verify Your Bank Account Details in Mturk for Withdrawing Earnings
Posted in adding bank details in mturk, mturk, verify bank details for indian mturkers, verify indian bank accounts in mturk
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By Admin
Recently I have posted article on Direct Bank Payments from MTurk and obviously that is a great initiative from Amazon. Now I am going to narrate about adding the bank details in your Mturk account in order to get your earnings directly to your bank
BREAKING NEWS OF THE HOUR : Mturk Started Issuing Bank Transfer Option for New Indian Account Holders | Latest Official Updates 2017
Requirements
1 ) You mus have the balance of $3 in your Mturk account and that will be the service charge levied by Amazon for adding your bank details. During the process $3 will automatically deduct from your Mturk account
2) IFSC Code of your Bank
3) Account Number of your bank.
3) Bank account name should be as same as the payee name of your Mturk
4) You have to select type of your bank account ( current or savings)
So now we will look into the step by step for adding your own bank account in order to get your work done payment from Amazon Mechanical Turk
Log In Mturk & click on "Your Account" & Click on "Transfer Earnings"

Then you will get a page as follows & then click on "Add bank account to enable this option"

Next you will get a window where you can see the detailed steps for adding bank details. Read the steps and click on "Start"

Now you will provided a window saying " Enter Your Bank Account Information "
Bank Account Holder Name will display automatically and you cannot change that name.
Fill your bank IFSC Code, Account Number , Select the type of account ( current or savings) and Click on " Continue "

That was the last step and you will redirect to the following information.

At the same time your Mturk associated email id will receive a mail from Mturk with the subject "Action Required - Confirm Your Bank Account Information on Mechanical Turk"


Last Step :- Confirmation of Verification
I got the 2 transaction in my bank account from Mturk and clicked on to "Complete Verification". See the message below
Yes done it successfully..

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I used to get lots of comments and mails asking
Can I work with 02 Mturk Ids ?
Can I create multiple Mturk Accounts for Making Payment ?
2 Mturk accounts in one household Possible ?
Can I have more than one Mturk account ?
So find the official clarification from Mturk on the same
"If another member in your household wants to use the Amazon Mechanical Turk program, they're welcome to do so as long as they have their own e-mail address and bank account.
No single individual can have multiple accounts, but multiple individuals can work from the same IP address. If we find that multiple accounts are owned by the same person, we'll suspend the accounts."
I hope this information helps. Thanks for your interest in Mechanical Turk.
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Urgent Updates for Those Who Not Seeing Option to Add Bank Details in Your Mturk Account
I am getting lots of questions and mail regarding the same problem. Your account don't showing option to add bank details. Are you one of them ? Then this portion is for you
" Please bear in mind that Workers participating in the Amazon Mechanical Turk marketplace from every eligible country can transfer their earnings to an Amazon.com gift card balance. In India, Workers may also be eligible to transfer earnings to a linked bank account. Determining Worker eligibility for bank account disbursement requires additional verifications and processing. We are currently working through an extensive backlog of bank account verification requests, and are unable to verify your eligibility for bank account disbursement at this time.
We can offer you the ability to join the Amazon Mechanical Turk marketplace, but without the bank account disbursement option. This means that initially you will have the ability to transfer your earnings to your Amazon.com gift card balance. In the future, you may receive the option to transfer your earnings to a linked bank account. Please note that newly registered Workers may only complete a limited number of HITs each day, and payments from Requesters are delayed until you have been active on Amazon Mechanical Turk for at least 10 days.
Rest assured you will be notified if the bank account disbursement option has been accepted. "
So as mentioned in the mail you start working and earn. You can keep your earning in mturk itself and wait for some months. Meantime you keep on working accumulate your revenue
Your earning will be safe in mturk account. Once they activate bank transfer option you can take whatever money in your account to your bank
Remarks : I think they have got lots of applications pending. That is the reason not giving bank transfer option for the new members for the time being. You will definitely get the option soon. If any update on the same regarding the same from mturk, do update me
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Hope the tutorial is helpful. Dear Mturk users don't forget to share this information on your social media .
Are you done with verification ? Then Read the below article
How to Transfer Mturk Earnings Directly to Your Bank Account
You got new Mturk account ?
And still not finding option to transfer payments to your bank account ?
Then, you must read my latest article which is already viral on internet on the same subject. Don't forget to read it :- Why New Mturk Accounts Don't Have Option for Bank Transfer or Direct Bank Deposit ?
BREAKING NEWS OF THE HOUR : Mturk Started Issuing Bank Transfer Option for New Indian Account Holders | Latest Official Updates 2017