What are the Payout Methods? Are there any fees?

• Pay Points
• Payout Methods
• Payout Processing Fees

Pay Points

You can set up how and when you wish to be paid by logging in to your account and clicking on "Payment & Tax Info." Click here for instructions. 

Click the Pay Point tab, and choose your desired Pay Point. This is the amount your account balance must reach before triggering a new payment from CD Baby to you. Keep in mind that your tax information must also be complete before we can issue a payout. 

*A note about Pay Points and processing fees

Please note: if you are subject to tax withholding, those funds and the fee for your method of payment will be deducted from your balance before your payment is sent. If that puts your balance below the minimum for your method of payment, no payment will be sent.

These minimums are:
ACH/EFT: $1
SEPA/FPS/BECS/NPP/FPSHK/IACH: $3
SWIFT Wire: $20

In other words, your balance must be above both your pay point and the minimum threshold for your method of payment after taxes and fees in order to receive payment.

Payout Methods

These are the following payout methods you can choose from:

• Bank Transfer
  • Direct Deposit, ACH, IACH, EFT, EUR SEPA,
  • *Payoneer or Wire transfers (Please note: Payoneer will not appear as a separate option, but you are welcome to enter your Payoneer details to use this method. Bank transfers are available for checking accounts only. Savings accounts are not eligible for bank transfer.)
• Paypal 

*Payoneer is another way for artists outside the U.S. to receive payments. If you have a Payoneer account select "Bank Transfer" and add the routing and account number provided by Payoneer. 

We are currently unable to send payouts to people in Russia, Belarus, the Donbas regions of Donetsk and Luhansk, and the regions of Zaporzhzhia and Kherson in Ukraine.

We will continue to process payouts to all other regions of Ukraine for as long as we are able, but there may be extreme delays.

Payout Processing Fees

Processing fees by location

*Processing fees are required in order to process certain payout methods, and are non-refundable.

For all bank transfers, we remit payment in U.S. Dollars. At banks outside the U.S., the funds will be converted to local currency. The conversion rate will vary based on currency fluctuations. This means the deposited amount may change from week to week even if the U.S. Dollar amount remains the same.

Tax Withholding

If you are subject to tax withholding, those funds (along with any processing fees) will be deducted from your balance before your payout is sent. If that puts your balance below your Pay Point, no payout will be sent.

Your local bank may also charge a separate fee to receive these payouts; please contact them for confirmation.

Lastly, if you have payment and tax info saved in our system, and if you are over your Pay Point, you will be paid as usual. However, if you have not entered a tax ID, or if the tax ID is invalid, we will need to withhold at the default amount (24% for US persons/30% non-US persons). This amount will appear as withheld on your year-end tax forms.

Making changes to your payout method / pay point

If you need to make changes to your payout method or pay point, please do so by Saturday at 11:59 PM Pacific Time to ensure that the updates will be reflected in your upcoming payout. Changes made after this time will not go into effect until the next pay cycle.

Payout Return Fees

If your banking information is not up to date, your bank may return the payout to your CD Baby account, in which case you may incur a return fee.