There is no minimum payment threshold at EmuBands. This means you’re able to request a payment from us at any time, regardless of the amount of money held within your EmuBands account. Payments via Wise are processed in one working day (although it may take a few days to reach your account). Payouts via PayPal are processed weekly.
IMPORTANT: In order to pay you, we need invoices from you. This is done via a Self-Billing procedure – therefore, you need to have an active Self-Billing Agreement in place before we will make payments to you. To complete this agreement, just log in to your EmuBands account, click on My Account -> Tax & Self-Billing and complete the form.
When Will My Balance Increase? If you have an active self-billing agreement in place, then self-billing invoices are created for you each time royalty reports are uploaded (this usually happens on the first and third Fridays of each month). Your first self-billing invoice will be created the next time royalties are reported AFTER you first create your self-billing agreement. At this point, you will see your balance increase (similarly, if your agreement expires, your balance will not change until the next reporting cycle AFTER you renew your agreement).
These agreements need to be renewed every year, and if your circumstances change during the year you can simply create a new agreement.
Digital services report royalties to us each month, usually for a period of sales/streams a few months earlier. Each time a report is uploaded, we’ll email you to let you know. The email will detail the period in which the royalties were generated, and which digital music service they were generated on (read more on this here). You can log in to your EmuBands account, and head to the ‘Royalties’ tab, to check if you are due any royalties from those reports. If you are due any royalties, you can request a payment from us very easily, by clicking the black ‘Request Payout’ button within the Royalties section of your account.
At present, all of our royalties are reported in GBP, but we’re able to pay you wherever you are based in the world. You have two options to receive your payments:
1. Bank Transfer (Wise)
We send your royalties in GBP, and use Wise (formerly Transferwise), a low-cost, international money transfer system. If you are based outside the UK, you will receive the money in your home currency at a more favourable rate than a traditional bank transfer. This option typically takes 2-3 business days to reach your bank account after we make payment. Payouts via Wise are processed in one working day.
EmuBands doesn’t directly charge any fees for this service, however it is worth noting that Wise may deduct a fee from the amount we send to you. By using Wise, we’re able to get the money to you quicker than a traditional transfer, at a fraction of the cost. Read more about Transferwise, and their fees here – https://www.wise.com/
2. PayPal
EmuBands doesn’t directly charge any fees for this service, however it is worth noting that PayPal will deduct their fees from the amount we send to you.
You can get an idea of PayPal’s fees by using this calculator here: https://wise.com/gb/paypal-fee-calculator/. Payouts via PayPal are processed weekly.
If you have any questions, please don’t hesitate to contact us.