All payments due from Collabhouse (incl. distribution royalties, Music Library royalties, Collab royalty splits, NFT sales revenue and NFT royalties), with the exception of Collab fixed fee payments, are added to your or your profile’s royalty balance. As soon as your royalty balance reaches our payment threshold of €10, -, you can request payment. Payment will be issued to your or your profile’s bank account. If you request payment of your Profile Royalties balance, payment is made to the bank account you provided as part of your ‘Profile Settings’. If you request payment of your My Royalties balance, payment is made to the bank details you provided as part of ‘My Settings’. We use Wise to make payments. Transaction costs apply and are deducted from the amount withdrawn.
Please note, we currently only support payments to bank accounts with an IBAN. Alternatively, you can request a transfer to your PayPal account.