Getting Paid

When will I be paid?

Payments are made within 45 days of the last day of the month in which book purchases were made. To receive payment, you must have provided all required banking and tax information and documentation, as well as meeting the minimum payment threshold.

If your bank and bank account currency are listed in this table, you must exceed a minimum payment threshold of $10 USD. For the Republic of Korea (KRW), the minimum threshold is $50 USD. All other bank countries and bank account currencies must exceed a minimum payment threshold of $150 USD.

Bank Country Bank Account Bank Country Bank Account
AD EUR IT EUR
AN EUR JP JPY

AT
EUR KR KRW
AU AUD LI EUR
AZ EUR LT EUR
BE EUR LU EUR
BG EUR MC EUR
CA CAD ME EUR
CC EUR MM EUR
CH CHF MQ EUR
CH EUR MT EUR
CY EUR MY MYR
CZ EUR NL EUR
DE EUR NO EUR
DK EUR NZ NZD
EE EUR PL EUR
ES EUR PM EUR
FI EUR PT EUR
FR EUR RE EUR
GB GBP RO EUR
GB EUR SE EUR
GF EUR SG SGD
GP EUR SI EUR
GR EUR SK EUR
HK HKD SM EUR
HU EUR US USD
ID IDR VA EUR
IE EUR YT EUR
IN INR    
IS EUR    

What are the payment dates?

The payment date is the date the payment leaves Apple's bank. Your bank may or may not credit those funds to you on the same day.

We present the payment date in Payments and Financial Reports. For past payments, we display the value as "Paid." For any scheduled future payments, we display the date as the "Expected Payment Date."

How are payments made?

All payments are made by Electronic Funds Transfer. When available, payments are sent by low value ACH, as opposed to high value wire transfer.

Apple's bank will consolidate payments for different financial reports when possible, generally resulting in a single payment for all earnings each month the requirements for being paid have been met.

What is an ACH payment?

The term "ACH" (Automated Clearing House) payments is used in reference to low value payments. You can view the payment method used for a particular payment to you on the Payment Page in Payments and Financial Reports.

Can I get paid if my contract is not fully processed and activated?

Without an In Effect contract, you will not have any earnings. Click through and agree to the Book contract and supply banking information and all applicable tax information as early as possible. There is some processing required by Apple so your agreement will not be activated immediately. We suggest taking these steps as soon as possible, even while in the process of preparing your books for submission.

Are payments made before my financial information is complete?

No. Payments can only be made after all required documentation has been received and your contract is In Effect. If the required banking and tax information is incomplete, or has not been received by Apple, payments cannot be made.

You can review the processing status of your agreement in Agreements, Tax, and Banking on iTunes Connect.

Can I split payments for my sales?

Apple accepts one bank account and makes one payment to that account during each monthly payment cycle if all requirements for payment have been met.

What is the exchange rate applied to my payments?

The exchange rates used to convert report currency to your bank account currency is established by our bank and, due to Apple's volume, is generally a more favorable rate. The rates are typically the spot rate on the date of payment and no more than three business days prior to the date the proceeds are received into your account.

The exchange rate used to convert each report currency to the currency of your bank account is displayed on the Payments page in the "FX Rate" column.

Why does the Bank Account presented with a payment differ from the Bank Account I have setup to receive payments?

Payments are sent to the bank account on file at the time a payment is processed. Depending on the timing of your bank account update, a payment could have been in process at the time you updated your banking information. In such instances, the bank account a payment was made to will differ from the account you currently have on file.

Why didn't I get paid? What are the requirements?

Payments are made within 30 days of calendar month end if both of the following conditions are met:

  • All documentation is complete, including any required banking and tax information.
  • The payment threshold of USD $150 has been exceeded.

If you have not received a payment for a given month within 30 days after the end of the month, confirm that all documentation has been completed and provided. Also, confirm that the cumulative amount owed exceeds USD $150 by converting reported amounts using current exchange rates.