Ready to get paid for your music? Before you can collect your distribution earnings, you'll need to link a payout method. This guide will walk you through setting up your account, breaking down processing fees, hitting your minimum thresholds, and what to do if you ever run into issues with your payout.
To start receiving your earnings for your distributions, you'll need to link a Payout Method to your BandLab account. For step-by-step instructions, please refer to our guide on connecting your payout method.
The minimum payout amount is $5.00. If your balance is less than $5.00 after deducting applicable taxes and fees, your earnings will be held until your balance reaches the minimum payout amount. Refer to the available Payout methods along with their processing fees below!
BandLab does not charge any fees to process your payouts. However, depending on your country of residence and payout method, certain taxes and payment provider fees will be automatically deducted from your earnings:
- Withholding Tax (WHT): As a Singapore-based company, BandLab is required by the Inland Revenue Authority of Singapore (IRAS) to apply a default 10% Withholding Tax on all payouts to non-residents.
- Payment Provider Fees: Our third-party payment provider charges a standard transaction fee to send your money.
Find out if you qualify for tax relief in our Tax Exemption Treaties Guide, or scroll down to see available payout methods and their processing fees.
Here's a list of Payout methods available along with their applicable processing fees.
PayPal International: $0.50 + 2% (up to $20)
PayPal Domestic: $0.50 + 2% (up to $1)
ACH (U.S. only): $0.50 per payment
Check: $1.99 per payment
Local Bank Transfer / SEPA transfer: $3.50 per payment
US Domestic Wire: $15.00 per payment
International FX Wire Transfer: $20.00 per payment
International USD Wire: $26.00 per payment
Typically, our payment processor will send an email detailing the specific issue, such as a rejected payout method or incorrect account information. If you need further assistance regarding your payout, please reach out to us here.
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