Payments are made no later than thirty (30) days following the end of each monthly period. 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|
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."
Where possible, payments are made by Electronic Funds 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.
As of February 1, 2019, all payments into bank accounts in New Zealand and Australia will be wire transfers.
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.
No. If you haven’t completed your information in Agreements, Tax, and Banking, you won’t have any earnings. Apple needs to process the information, 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.
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.
No. Apple accepts one bank account and makes one payment during each monthly cycle if all requirements for payment have been met.
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.
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.
Payments are made within 30 days of calendar month end if both of the following conditions are met:
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.