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Getting paid on BandLab

In order to start earning money from Tips, Album Sales, Subscriptions, and Royalty Distributions, 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. BandLab currently supports payouts through PayPal, with more options to be added soon. 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 charged when I collect my earnings?

BandLab does not take any fees when processing payouts. However, our payment provider charges a fee for sending money, which will be automatically deducted from your earnings during the payout process.

The fees for different payout methods are as follows:

i.     ACH (U.S. only): $1 per payment
ii.    eCheck (U.S.): $1.50 per payment
iii.   eCheck (non-U.S.): $5.00 per payment
iv.   Paper Check: $3 per check
v.    Wire Transfer (U.S.): $15 per payment
vi.   Wire Transfer (International in local currency): $20 per payment
vii.  Wire Transfer (International in USD): $26 per payment
viii. PayPal (Non-US resident): $1.00 + 2% up to $21.00
ix.   PayPal (U.S. resident): $1.00 + 2% up to $2.00

Is there a minimum payout threshold?
For PayPal, the minimum payout amount is $5. If your balance is less than $5, your earnings will be held until your balance reaches the minimum payout amount.
When can I receive my money?
Payouts are made in the second half of each month. This includes payouts for Tips, Album Purchases, Subscriptions, and Distribution. In the event of any issues with payouts, your balance will be moved to the following month's processing batch.

There may be a maximum payout limit in certain countries. Your earnings will be divided and sent in multiple payments if this limit is reached.
How do I check the status of my payouts?
To check the status of your payouts on BandLab, you can submit a request to our Support Team using the contact form. Additionally, we are working to implement a dashboard that will allow you to see your payout status in real time, allowing you to stay updated on your earnings from all of our services, including Tips, Album Purchases, Subscriptions, and Distribution.

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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