MicrostockGroup
Agency Based Discussion => iStockPhoto.com => Topic started by: stockyme on October 04, 2016, 08:36
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Hi All,
I had $104 on 25 of last month but they are still there in my account. Can you confirm the date on which they will process to money to my payoneer?
Thanks!
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Why don't you do this for yourself and have a look at the Istock site and/or ask the forum there?
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"iStock agrees to pay you royalties (the “Royalties”) within 30 days after the end of each month in which the license or sale was made (except when sales reporting is delayed for transactions that do not occur on the iStock Site, whether made by a Distribution Partner or otherwise, in which case payments will be made in the month following the date such sale is reported) (a “Sales Month”), by electronic funds transfer (as may be supported by iStock from time to time), or such other method as may be agreed by the parties."
No idea about Payoneer, but for PayPal it's usually taken off our balance by the 5th or 6th, then paid by the 25th; however as you see, they have 30 days, according to the contract.
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You needed that $104 in your account by the 31st of August to get it paid by the 25th of September. You'll get it on the 25th of October... plus anything you earn between now and the 31st of October.
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Make sure that you have done your tax form and that you have chosen payment method. Double check on the payment method I did not get paid and had done payment method -- but it had disappeared. No problems since that delay with first payment.