MicrostockGroup

I emailed Alamy on Friday and heard back from them today with a similar question.  Here was their reply.  Hope this helps.

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The standard contract you have with Alamy says we will pay you within 30 days. We do a pay run on the 1st UK working day of each month.

 

So if the payment date is the 1st of the month we have until the 30th of the month to get the money to you.

 

Let me explain to you the payment process via PayPal:

 

• We do not keep any large cash balances in our PayPal accounts.

• On the first working day we calculate the amount to pay to all contributors via PayPal.

• On the same day we request PayPal to take money from our bank accounts to fund these transfers. This normally takes 4-5 working days but we have no control over this process as it is run completely independently by PayPal.

• Once the funds are with PayPal we double check the amounts and PayPal addresses, this takes about a day.

• Then the PayPal payments are sent – these are almost instant

 

However, we do our best to pay you as soon as we can. Typically this means we send the money to arrive with you between the 4th and 7th working days of each month and please be assured that this will soon reach your ‘PayPal’ account.

 

 

Kind regards

 

Asha

Member Services

my payment goes directly in my bank account. it got sent from alamy on the 1st and showed up in my bank on the 6th