How Do I Setup a Payment Method?

Songtrust offers several payout options.

Songtrust pays out each quarter’s earnings at the end of the following quarter. For example, if you earned royalties in Q2 (April - June), you’ll be paid out at the end of Q3 (September).


As a Songtrust client, you have the option to use a bank transfer or PayPal to receive your royalties. Follow the steps below to ensure you receive future royalty payments:


1. Log into your Songtrust account


2. Navigate to “Payment & Tax” from the upper right-hand dropdown menu

 

3. Click on “Add Payout Method”

4. Choose an account type and add your personal information

5. Choose a payout method

6. Enter in your payment account information

For Bank Transfer:

For PayPal:

7. Your payment method has now been added to your account. You can continue to the tax section, or finish it later. To continue, click “Submit a Tax Form”. 
8. Once complete, you’ll see a similar success screen for your tax form.

Please note that only one payment method can be active at a time. Make sure you confirm which payment method you’d like to use for your next payout to avoid any confusion or conflicts. 


The minimum royalties threshold to withdraw will be $25. This ensures any applicable fees associated with withdrawals will be covered. 


If you have any other questions regarding your payment status, please submit a ticket to our Client Services Team using our Support Form. You can find this form by logging into your account and finding the link on your client dashboard. 

 

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