Getting paid on BandLab

In order to start earning money from Distribution, you'll need to set up a payout method for us to deliver the funds to you.

This guide covers everything you need to know about setting up your payout preferences, understanding the fees associated with different payout methods, minimum payout thresholds, and when you can expect to receive your money. Whether you're a new or existing user, this guide will ensure you have all the information you need to start earning on BandLab!

How do I set my payout preferences for receiving payments?

When you're owed money on BandLab, you will be prompted to set up a payout method so we can deliver the funds to you. To select your preferred payout method:

  1. Go to your account’s payment settings
  2. Under Payout Method, click on the Connect button next to Tipalti
  3. Fill in the required information, including contact details and the preferred payment option, then click Next
  4. You'll be returned to the Settings page with your payout method set up!

Payouts are made in USD. If a different currency is selected in your account, there may be an additional fee of up to 3%.

Are there any fees or taxes charged when I collect my earnings?

BandLab does not take any fees when processing payouts. However, the relevant Inland Revenue Authority may apply taxes on your earnings, and our payment provider charges a fee for sending money, both of which will be automatically deducted from your earnings during the payout process.

Please note that the Earnings Balance displayed on your My Earnings dashboard is before any taxes or fees levied by our payment provider. Net earnings will be displayed in your Payout History.

The fees for different payout methods are as follows:

i.     PayPal International: $0.50 + 2% (up to $20)
ii.    PayPal Domestic: $0.50 + 2% (up to $1)
iii.   ACH (U.S. only): $0.50 per payment
iv.   Check: $1.99 per payment

v.    Local Bank Transfer / SEPA transfer: $3.50 per payment  
vi.   International USD Wire: $26 per payment
vii.  International FX Wire Transfer: $20 per payment
viii. US Domestic Wire: $15 per payment

Is there a minimum payout threshold?
The minimum payout amount is $5. If your balance is less than $5 after deducting applicable taxes and fees, your earnings will be held until your balance reaches the minimum payout amount.
How do I check the status of my payouts?
You can view your earnings and payout history for your distributed tracks on the My Earnings dashboard here

Note

BandLab is unable to assist with tax-related inquiries. Please refer to the IRS website or consult a tax professional for further information.

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