What are the methods of payment? Are there any fees?

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

Once you're in the Pay Point tab, you will tell us your desired Pay Point. This is the amount you would like your account balance to reach to trigger new payments to you from CD Baby.

When your account balance reaches or exceeds the Pay Point, and the tax form is complete, we will issue a payment to you the following week via the payment method you have selected.

• Payout Options
• Fees

A note about pay points

When you enter your desired pay point, we will calculate what your pay point should be, including any third-party fees and tax withholding, and update it to include those amounts. You can also use the estimated fees calculator to help select a minimum pay point that ensures bank minimums will be met. 

Payout Options

Any time you reach your Pay Point, we'll process your payment you the following week. You can indicate to us how you'd like to be paid. The currency type is not currently editable.

These are the following payment methods you can choose from:

• Bank Transfer**
  • Direct Deposit, ACH, IACH, EFT, EUR SEPA, *Payoneer or Wire transfers (Please note: bank transfers are available for checking accounts only. Savings accounts are not eligible for bank transfer.)
• Paypal 
• Checks (U.S. Only)

* 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 payments 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 payments to all other regions of Ukraine for as long as we are able, but there may be extreme delays.

Processing Fees

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.

**For bank transfers: we recommend the following minimum Pay Points

• ACH: $10
• IACH: $11
• SWIFT: $45
• USD SWIFT: $65

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

It may take a few business days for the funds to reach your account.

If you have payment and tax info saved in our new 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.

Return Fees

Artists who have reached their pay point will have payments processed the following week.

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