Events Did you guys know that CCBill now offers ACH Weekly Payouts?

[RyuLion]

As of mid-June, 2016 CCBill offers ACH as a payout method. The fee for an ACH direct deposit is $5.00 (USD) per payout. The minimum weekly payout is set at $25.00 (USD) and the maximum weekly payout limit is $5,000.00 (USD). ACH Transfers are sent on Mondays and it should take one business day for the funds to appear in your bank account.

In order to be eligible for ACH, the following requirements need to be met:
USD Currencies Only
US Dollar Based Bank Accounts Only
US-Based Banks Only
You can update your Payout Information by completing the Payout Options Update Form online using our electronic signing partner, DocuSign.

Open the Payout Information Update form.
Enter your full name and email.
Click Begin Signing. You will receive a signing access code on your email.
Copy the Code and validate it after which you can begin filling-in the form.
About ACH

ACH stands for Automated Clearing House. It is a batch processing network in which financial institutions accrue ACH transactions throughout the day for later batch processing. It is only available in the United States and is entirely electronic, thus making it quicker, safer, and easier. Compared to current postal and Wire Transfer fees, ACH is also considered the most cost-effective payment option with a single transfer fee of $5.00 (USD).
Source:
https://kb.ccbill.com/ACH+Payouts

[Paper_Amar]

If you are on Ccbill - We want to do business with you - message [email protected] we can and will send you sales!

[candyflip]

And they charge $5 for something that costs nothing?

I'd rather continue to keep paying for the stamp the charge me to send my check.

[RyuLion]

Originally Posted by candyflip

And they charge $5 for something that costs nothing?

I'd rather continue to keep paying for the stamp the charge me to send my check.

The USPS has lost 4 of my checks in the last 5 years. You never know..

[Bladewire]

Yes!

[O MARINA]

Less $ on fee's Alejandro

[celandina]

Ccbill making America great again.... . How outrageous ...are you going to build a wall to keep the Europeans out... Never seen anything that stupid since America First Committee of 1930's...and of course Donald's christian policy advisor...elsewhere in this forum section

[Bladewire]

Originally Posted by celandina

Ccbill making America great again....How outrageous ...are you going to build a wall to keep the Europeans out... Never seen anything that stupid since America First Committee of 1930's...and of course Donald's christian policy advisor...elsewhere in this forum section

CCBill is doing this so you pay less in fees and have more money to donate to the Hillary Clinton campaign. Build bridges not walls 💓

[mikesouth]

Does this start Monday 6/13 or 6/20?

TIA

[RyuLion]

Originally Posted by mikesouth

Does this start Monday 6/13 or 6/20?

TIA

Well for starters it usually takes 5 business days to make a payment method change Sir..

[mikesouth]

Originally Posted by RyuLion

Well for starters it usually takes 5 business days to make a payment method change Sir..

I have already given them the info thats not the question they keep saying payouts starting in mid june I am trying to clarify exactly when this starts

[SBJ]

did I know about it? Nope this is big news to me!!! Sweeeeet! Oh wait maybe I didn't know about it cause I made a thread about it way back when

https://gfy.com/fucking-around-and-pr...h-payouts.html

Great news either way!

[celandina]

Originally Posted by Bladewire

CCBill is doing this so you pay less in fees and have more money to donate to the Hillary Clinton campaign. Build bridges not walls ��

I have said my piece... I,and many others, are not in the USA... There are at least 2 maybe 3 world currencies... Many of us do not live,have business or want to have a bank acct in USA.

So why does not CCbill just call it "for Americans by Americans" and the rest of the world fuck off.

Anyway,not a big deal just find it outrageous that an international company is soo screwed up and dares to put crap like this on international forum.

....and as to paying less fees ? Maybe, but what about all the other hassles. Once I won a nice piece of cash in LV and was dumb enough open a bank account there ( for the future financing of some skunky roulette table).... To this day ( almost 30 years later) I am still being bothered by IRS...because I was ( at the time) resident of Canada and when I took my money out I did not pay the fucking withholding tax...I did tell them GFY as to CCbill.

Cel out

[RyuLion]

Originally Posted by mikesouth

I have already given them the info thats not the question they keep saying payouts starting in mid june I am trying to clarify exactly when this starts

From accountsupport:
This is the way all payouts are scheduled.
Billing week Sun - Sat (week 1).
Billing is scheduled the following Tues (week 2).
Payouts are sent the following Monday (week 3).
In order for any changes to be made in time for billing, would need to be received by Monday during week 2 so it is processed in time for billing on Tuesday during week 2.

For instance, if you sent something in this week.
Week 1: Sun Jun 5th - Sat Jun 11th
Week 2: On Tues Jun 14th, billing will be scheduled.
Week 3: On Mon Jun 20th, payouts are sent out.

[HowlingWulf]

I suppose if my weekly CCBill checks were in the thousands I would be happy x2.

[NickBaer]

If you have a HSBC account (Canada, UK, Europe, Israel, Asia, and south to Australia) see if you can open an HSBC.com (US) on-line account. Try it yourself, it's all on-line, or have your HSBC customer support in your country connect you with HSBC International to go over rules and paperwork procedures.

Then you can do "Global Transfer" from HSBC US to your HSBC account in your country, for free (no fee, but there is a couple of percent currency exchange mark-up). The account also comes with a debit card.

CapitalOne360.com does not charge to receive Wires. Just the $15 CCBill charges to send. The account comes with a debit card, and earns interest. I don't have experience if non-US residents can open an account, but it is worth a try.

US citizens can open accounts in Europe, but I don't know first-hand if that works the other way around as well!

[celandina]

Originally Posted by NickBaer

If you have a HSBC account (Canada, UK, Europe, Israel, Asia, and south to Australia) see if you can open an HSBC.com (US) on-line account. Try it yourself, it's all on-line, or have your HSBC customer support in your country connect you with HSBC International to go over rules and paperwork procedures.

Then you can do "Global Transfer" from HSBC US to your HSBC account in your country, for free (no fee, but there is a couple of percent currency exchange mark-up). The account also comes with a debit card.

CapitalOne360.com does not charge to receive Wires. Just the $15 CCBill charges to send. The account comes with a debit card, and earns interest. I don't have experience if non-US residents can open an account, but it is worth a try.

US citizens can open accounts in Europe, but I don't know first-hand if that works the other way around as well!

Nick, a good plan but too complicated and it does NOT cure the IRS problem. Generaly these folks still think they control the universe and fuck everybody else. I think that ALL non USA entities should dump them into the abyss they appeared from and go to Verotel or Epoch a lot more interantionally friendly companies who undestand business :

Just read this and weep (and there are many more forms..)

Publication 515 (2016), Withholding of Tax on Nonresident Aliens and Foreign Entities

For use in 2016

Table of Contents

Publication 515 - Introductory Material
Future Developments
What's New
Reminders
Introduction
Ordering forms and publications.
Tax questions.
Useful Items - You may want to see:
Publication 515 - Main Content
Withholding of Tax
Withholding Agent
Forms 1042 and 1042-S Reporting Obligations
Withholding and Reporting Obligations (Other Than Forms 1042 and 1042-S Reporting)
Persons Subject to Chapter 3 or Chapter 4 Withholding
Identifying the Payee
Foreign Persons
Documentation
Documentation for Chapter 3
Documentation for Chapter 4
Additional Documentation Rules Applicable to Chapters 3 and 4
Beneficial Owners
Foreign Intermediaries and Foreign Flow-Through Entities
Standards of Knowledge for Purposes of Chapter 3
Standards of Knowledge for Purposes of Chapter 4
Presumption Rules
Income Subject to Withholding
Amounts Subject to Chapter 3 Withholding
Amounts Subject to Chapter 4 Withholding
Source of Income
Fixed or Determinable Annual or Periodical Income (FDAP)
Withholding on Specific Income
Effectively Connected Income
Income Not Effectively Connected
Pay for Personal Services Performed
Artists and Athletes (Income Codes 42 and 43)
Other Income
Foreign Governments and Certain Other Foreign Organizations
U.S. or Foreign Taxpayer Identification Numbers
Unexpected payment.
Global Intermediary Identification Numbers
Depositing Withheld Taxes
When Deposits Are Required
Adjustment for Overwithholding
Returns Required
Joint owners.
Electronic reporting.
Form 8966
Extensions of Time To File
Partnership Withholding on Effectively Connected Income
Who Must Withhold
Foreign Partner
Publicly Traded Partnerships
U.S. Real Property Interest
Exception for publicly traded stock.
Foreign corporations.
Domestic corporations.
U.S. real property holding corporations.
Partnerships.
Trusts and estates.
Look-through rule for QIEs.
Disposition of REIT stock.
Domestically controlled QIE.
Late filing of certifications or notices.
Certifications.
Liability of agent or qualified substitute.
Reporting and Paying the Tax
Withholding Certificates
Definitions
Tax Treaties
How To Get Tax Help
The Taxpayer Advocate Service Is Here To Help You
Low Income Taxpayer Clinics
Publication 515 - Additional Material
Index
Next

More Online Publications

[NickBaer]

I sell Tangible Goods (DVDs), and both Verotel and Epoch have told me they don't do billing for Tangible Goods.

I've never had anyone from either get to the point of giving me info if they use a similar method for processing Digital Goods with the handful of lines of HTML "form" code like CCBill uses, to send the customer to the purchase/payment page, and then a similar $_POST back to me with the sales data.

Not all of us are just Affiliates, who only care about Stats and a Check.

From what I have been told, and have learned: CCBill is a credit card processor. The money you get from CCBill is taxable in your home country. If you are not in the US, the tax issues are between you and your home country, not both your home country and the US.

So it's not complicated at all: If you have (e.g.) an HSBC account in US and your home country (or economic zone e.g. EU), ask HSBC International 1) if you can open a US account, and 2) What tax issues they know of.

[celandina]

We no longer need to discuss it. I have been thru it with IRS on several occassions. So no, I do not want US bank account rgardless how simple it is.

..FYI: I do not know how long ago you have asked Verotel about DVDs, but I know on a good authority that they do process them.
...as to Epoch, do no call it DVDs call it digital file ( single purchase) and then make the digital file into DVD

[CaptainHowdy]

That's hot ...

[RyuLion]

DAMN this thread is still alive..

[NickBaer]

Originally Posted by celandina

We no longer need to discuss it. I have been thru it with IRS on several occassions. So no, I do not want US bank account rgardless how simple it is.

..FYI: I do not know how long ago you have asked Verotel about DVDs, but I know on a good authority that they do process them.
...as to Epoch, do no call it DVDs call it digital file ( single purchase) and then make the digital file into DVD

I'm not discussing anything with you. Other GFY members can use the method I described, and evaluate for themselves.

I really enjoy having HSBC accounts in the US and UK, with instant, free transfers between the countries... and a Berlin-based and Prague-based account as well. One needs local currency for daily needs, when traveling. IBAN transfers are cheaper than ATM fees and currency conversion.


The last time I asked about others processing for DVDs was at InterNext 2016, in January. Face to Face. No, I'm not going to lie, and do the cheat you describe. I've been shooting and selling for 30 years, and I don't lie or cheat to make short-term gains.

[NickBaer]

Originally Posted by mikesouth

Does this start Monday 6/13 or 6/20?

TIA

July 11.


Announcing the Release of CCBill ACH Payouts!

Dear CCBill Merchant,

We are very excited to announce that our new weekly CCBill sales payout method, ACH Credit Payouts, will release with the upcoming, Monday, July 11, 2016 weekly payout.

As one of the only remaining industry payment providers catering to both merchants and their affiliates, we are adding ACH Payouts to your current payout delivery options as another automated, dependable and secure way for you to receive your weekly settlements. Simply put, CCBill can now transmit your weekly sales payments directly to your US-based bank checking, operating or savings account of choice each Monday*, and your funds will settle and may be available to you and your business the next business day, on Tuesday. Weekly ACH Payouts have a transfer cost of $5.00 per payout, making this a cost-effective payment option, especially when compared to current FedEx and Wire Transfers fees.

To qualify for this new payout option, your weekly payout must meet the following requirements:
- USD currencies only
- US Dollar Based Bank Accounts only
- US-Based Banks only
- Minimum Weekly Payout: $25.00
- Maximum Weekly Payout Limit: $5,000.00

Please note: In the weeks when your payouts are over the $5,000.00 maximum threshold, we will contact you directly in order to arrange for a wire transfer for the entire amount of that week's payout, to your designated US Bank account on Monday* with a wire transfer fee of $15.00.

It is now even easier to receive your weekly CCBill payout! Other than your payout method, nothing else changes:
1) You can continue to link accounts for ACH Payouts.
2) Your CCBill billing period will continue to run from Sunday through Saturday.
3) You can continue to depend on CCBill to pay on time,
every week.

If you requested ACH Payout and received confirmation from our Merchant Support Team that your ACH Payout is active in our system, you will receive your July 11, 2016 weekly payout as an ACH deposit into your US Bank account.

Not registered yet? To GET STARTED with ACH Payouts for your CCBill account, please visit the Accounting and the Payouts areas of the CCBill Merchant Knowledgebase:
kb.ccbill.com, complete and submit a new 'Payout Information Update' form, found on our CCBill Support Center:
Merchant Support Center > Account Change Forms

You can also contact our 24/7 Merchant Support team at [email protected], by phone at 800.510.2859, or our online Chat service.

Thanks,

CCBill Management

*Payout schedules can change due to periodic US banking holidays. All efforts will be made to ensure timely next business day distributions, on the weeks when these holidays occur.

[JasonCollins]

There are no fees for ACH deposits at Verotel!

[celandina]

Originally Posted by NickBaer

I'm not discussing anything with you. Other GFY members can use the method I described, and evaluate for themselves.

I really enjoy having HSBC accounts in the US and UK, with instant, free transfers between the countries... and a Berlin-based and Prague-based account as well. One needs local currency for daily needs, when traveling. IBAN transfers are cheaper than ATM fees and currency conversion.


The last time I asked about others processing for DVDs was at InterNext 2016, in January. Face to Face. No, I'm not going to lie, and do the cheat you describe. I've been shooting and selling for 30 years, and I don't lie or cheat to make short-term gains.

You have commented on my post and I have responded back to you. That is what i meant about discussion ( you and me) otherwise discuss away. Feel free to dispense free tax advice and to recommend nonresidents to fuck about with IRS. I have made my point that this great CCBill news is akin to "America for Americans" and fuck everybody else. As to the DVDs? Just tried to help with an advice, no need to take it, no offence will be taken.....

[RyuLion]

I love it that they use docusign digital sigs now instead of having to print, scan, sign and email pdf..