📌 Introduction
To receive your accrued royalties, you need to perform the Check-Out from your Soundreef account.
Starting from the publication of the amounts on Pay Days, the balance is processed in two monthly windows, depending on the date you perform the Check-Out.
Below you will find all the details on how to perform the Check-Out, the payment timelines, and how to verify that your data is correct.
1️⃣ What is Check-Out and why is it necessary?
✔ The Check-Out is the procedure through which you authorize the payment of accrued royalty amounts, while simultaneously confirming your payment method.
✔ You can perform the Check-Out directly from your Soundreef account in the Payments > Your Balance section.
✔ The Check-Out is also used to accept the tax receipt that will be automatically generated (in the case of authors).
✔ If you are a Publisher, the Check-Out allows you to view the amounts to be included in your invoice.
📌 Note: If you do not perform the Check-Out, the royalties will remain in your profile balance until you do so.
2️⃣ When are royalties credited?
✔ The payment of royalties occurs in two monthly windows:
If you perform the Check-Out by the 5th of the month, you will receive the balance by the 6th.
If you perform the Check-Out by the 19th of the month, you will receive the balance by the 20th.
✔ Minimum payment threshold:
The payment of royalties is made only if the balance is equal to or greater than 10 euros.
If the amount is lower, it will be accumulated in subsequent calculations.
3️⃣ How to perform the Check-Out?
✔ Log in to your Soundreef Members account.
✔ Go to the Payments > Your Balance section.
✔ Check the available amounts and click on Check-Out.
📌 Note: After performing the Check-Out (and sending the invoice, in the case of publishers), the payment will be processed on the first available date, depending on the monthly window we are in.
4️⃣ What payment methods can I choose?
✔ PayPal → Immediate credit to your PayPal account. Remember to accept the incoming balance if requested.
✔ Bank transfer → Direct credit to your bank account (consider your bank's processing times).
📌 Note: You can set or change the payment method from the Payments > Payment Information section. Always ensure to make any changes before performing the Check-Out, so that the balance is sent immediately to the correct coordinates.
5️⃣ Check your data before Pay Day
✔ Verify that your Payment Information is correct.
✔ If you use PayPal, ensure the email address is valid.
✔ If you use bank transfer, verify that the IBAN is written correctly.
📌 Note: An error in the payment data could cause the royalties not to be credited or the payment to be rejected by the system. Ensure your payment method is valid and up-to-date.
📌 FAQ
❓ What happens if I don't perform the Check-Out?
✔ The royalties will remain in your profile balance until you do so.
❓ I performed the Check-Out but haven't received the payment. What should I do?
✔ Verify that you have correctly entered the payment method and reached the minimum threshold of 10 euros; and keep in mind the monthly window in which you performed the Check-Out. If, after these checks, you need a review of your profile, contact Soundreef Support via Messenger on the site or in your account.
❓ How can I change my payment method?
✔ You can change it from the Payments > Payment Information section.
📌 Conclusion
The payment of royalties occurs at two points in the month, following confirmation via Check-Out. Ensure you have completed all necessary steps and entered the correct payment data to receive the credit.