From 1th September 2018 a new royalties payment process will come into force.
Here below all the details.
- Royalty Payments will be processed on 15th and 30th of every month.
It means that there will be 2 payment rounds each month:
- All requested payments received until 13th will be processed on 15th of every month.
- All requested royalties until 28th will be paid on the 30th (every month).
- There's two alternative payment methods:
- BANK TRANSFER (only for amounts above 200€)
- PAYPAL (only for amounts under 200€)
1- BANK TRANSFER PAYMENT
- All requested payment amounts above 200€ will be paid by bank transfer.
- An invoice with the corresponding amount will be required. Always considering the deadlines early commented.
- Any payment will be processed by bank transfer if La Cupula Music doesn't receive the respective invoice previously.
- All invoices have to be sent to the e-mail: firstname.lastname@example.org
2- PAYPAL PAYMENT
- This payment method can only be used for amounts under 200€. If the amount is above 200€ it will be necessary to use the first payment method (bank transfer and invoice).
- If you want to continue receiving your royalties by PayPal, you can request more than one transfer for 200€ amounts or under 200€ amounts.
Important: when an account generates more than 3.000€ during a year, we will request an invoice for the total amount transferred during the whole current year.