App Profits - a quick question

thomasrichardgames

hey, i just wondered how long does it take for apple to transfer the money from iphone app profits to the bank account?

ozboybrian

I think it's monthly (has to be over $200) could be wrong.

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steve86

It actually has to be over $150.. when you get a financial report they should deposit your money no later than 45 days after.. But they usually make the deposit once a month if you meet the payment requirements.

mynameisace

You get paid the following month.

Ace

RedlerTech

they have certain dates. If you have an account, go into iTunes Connect. They tell you.

Weswog

Actually there is no requirements anymore they just pay you the money you earn

Cheers, Weswog

thomasrichardgames

thanks everyone, im glad their is no requirements anymore because i havent reached hundred pound yet

LumpApps

Are you sure it has to be over 150? I got payed 28 euro for last month.

... Never mind. My question is answered.

SkyMaple

Weswog said:
Actually there is no requirements anymore they just pay you the money you earn

Cheers, Weswog

how do you know when you get the money deposited? and do you have to do something on order for them to send the money or is it automatic. If you have a website source that would be helpful.

JohnPapiomitis

Moneys automatically deposited on the next scheduled payment date in iTunes connect. And no apple won't send you a email when they pay. Way u can do though is if you have online banking set up a email notifavtion for your direct deposits , then your bank will email you when it goes threw.

There's all the info you need on the developers site

Cheers

SkyMaple

JohnPapiomitis said:
Moneys automatically deposited on the next scheduled payment date in iTunes connect. And no apple won't send you a email when they pay. Way u can do though is if you have online banking set up a email notifavtion for your direct deposits , then your bank will email you when it goes threw.

There's all the info you need on the developers site

Cheers

Ok thanks!

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dashnevada

Since when you don't need to reach the $150 mark? I made bout 80 bucks on march and apple didn't pay me. Also I havent received the financial report for april and I made about 100 bucks.. Did any of you got the financial report for April yet?

azavega

There is no limit, at least I always get paid every month and never made more than a 100$... Don't know if the limit apply for company accounts...

steve86

weird this is what it says on itunes connect in the FAQ for payments and financial reports

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

Payments are made within 45 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 45 days after the end of the month, please confirm that all documentation has been completed and provided. Also, please confirm that the cumulative amount owed exceeds USD $150 by converting reported amounts using current exchange rates.

thomasrichardgames

i am really confused now? its been way over a month since i received the first finical report and still no money in bank account, where does it tell you if money has been transferred to the bank account??

jonmulcahy

In iTunes connect click on payments not financial reports

thomasrichardgames

it says i dont currently have any payments

jonmulcahy

they you don't currently have any payments. how much money have you made so far? If you click on the payments tab you should see previous payments

thomasrichardgames

what do u meen by payments? what payments? (sorry about this)