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Thread: Author from Philippines, How to Receive Royalty, What Steps? Thanks


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Permlink Replies: 34 - Pages: 3 [ 1 2 3 | Next ] - Last Post: Dec 19, 2017 2:35 AM Last Post By: Larry D. Haight
jhesthee

Posts: 1
Registered: 07/23/11
Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Jul 22, 2011 7:32 PM
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Hi. I am from the Philippines and I recently published a book here and I would like to know how can I receive my royalties?
What are the steps or will I receive?
I have already have a number of potential buyers of my ebook and would like to know more.
I hope you could help a new fellow author here.
Thanks.
God speed.
notjohn

Posts: 15,239
Registered: 01/06/10
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Jul 23, 2011 3:19 AM   in response to: jhesthee in response to: jhesthee
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If you have set up an account, then you must have provided your mail address. You will receive a paper check in US dollars two months after the close of the month when your accumulated earnings are $100 or more. You can set the payout higher if it's costly to cash a USD at your bank.
reevrob

Posts: 2
Registered: 10/24/11
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Oct 23, 2011 6:08 PM   in response to: jhesthee in response to: jhesthee
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Hi. I am from the Philippines and I recently
published a book here and I would like to know how
can I receive my royalties?
What are the steps or will I receive?
I have already have a number of potential buyers of
my ebook and would like to know more.
I hope you could help a new fellow author here.
Thanks.
God speed.

also from the phil. here. have you resolved this? did you set up a bank account or are they sending you checks by mail? hope to hear from you. thanks.
iamrodneygarcia

Posts: 1
Registered: 02/04/12
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Feb 4, 2012 8:35 AM   in response to: jhesthee in response to: jhesthee
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Hi. I'm also from the Philippines and a newbie here. I'd like to start publishing my books here in Amazon. Would it be ok to ask how to get started here in Amazon considering that your from the Philippines too? I would really appreciate it.
icu4marketing

Posts: 56
Registered: 02/24/11
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Feb 22, 2012 5:21 PM   in response to: jhesthee in response to: jhesthee
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Hi jhesthee,

I am a publisher from Philippines since January 2011. If you have no US Tax Id and US Bank Account, you will be receiving the royalties in check as there is no ways they would send it through EFT not unless you have a US Bank Account and your royalty earnings will be deducted with 30% withholding tax if you will not get a US Tax ID.

What I did is open a dollar account (I suggest BDO dollar acct because they offer the least amount for opening the account and the least maintaining balance) and deposit the check in your account (you can see it in your account as current balance but not yet available balance), then wait for 20-25 banking days for clearing. BPI is accepting foreign checks even if you have no dollar account but will have it as "for collection" provided you have a savings account with them. But you won't see the amount of the check in your account yet not until it is cleared after 3-4 weeks.

Hope this helps.

God bless.

Message was edited by: icu4marketing
Ralf

Posts: 2
Registered: 12/18/12
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Dec 17, 2012 9:07 PM   in response to: icu4marketing in response to: icu4marketing
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Hey,

I'm a newbie here. Can you guide my the full detailed steps on how to withdraw my royalties through check?
If not the process to apply for a dollar account the requirements and how much it will cost?

I'm looking forward for your help.

Thanks
Ralf

Barbie R

Posts: 1
Registered: 10/12/14
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Oct 12, 2014 3:37 AM   in response to: icu4marketing in response to: icu4marketing
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Hi there!

I'd like to ask you more about how you handle your payment in KDP, can we discuss things through valeriegoopio@outlook.com ? If so, may I know your email address
so that we could both chat there and discuss those things? Thanks and God bless! :)

Edited by: Barbie R on Oct 12, 2014 3:39 AM
cellaroni

Posts: 32
Registered: 03/28/12
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Oct 12, 2014 6:12 AM   in response to: Barbie R in response to: Barbie R
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I suggest you apply for a Payoneer account. They will give you a US Payment Service account to which KDP will deposit your royalty money. Then you can withdraw your money using the Payoneer Mastercard card or withdraw it to your bank.
icu4marketing

Posts: 56
Registered: 02/24/11
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Oct 14, 2014 7:39 AM   in response to: jhesthee in response to: jhesthee
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Hi,

I just want to share my Payoneer experience for receiving my Amazon KDP Royalties. When I started publishing with Amazon KDP, the only was I've received what I earned was through paper checks. It was really frustrating because when I inquired with our banks, I was adviced to open different currency accounts with them so I could deposit the checks Amazon has been sending to authors/publishers outside US. Imagine, Amazon pays every after 60 days of the month you earned the money and it usually take 15-30 days before I could receive the checks then another 20-30 days clearing for foreign checks. I could get my earnings every after 120days since I earned the royalties which are deducted with a lot of charges.

With that experience, I tried looking for ways to receive my earnings via EFT and found Payoneer Prepaid Card. I tried applying for a Payoneer card (you can apply here: http://share.payoneer-affiliates.com/a/clk/1L3C6d), after filling out the form online, received an email from Payoneer asking me to give them a screenshot of my Amazon account showing my name or email address (I sent them the screenshot of my Kindle Platform Dashboard), a screenshot of my earnings history (I sent them the screenshot of the Prior Six Weeks Royalties), and asked me if I have other sites where I want to get paid in the future. Just 2 days from replying, I received an email from Payoneer that my application was approved and in a separate email, gave me a US Bank Account to use which I did use immediately. Since then, I'm happy to receive remittance advices from different Amazon Stores every month and receiving the funds sometimes ahead of the stated Payment Date. And currently, I can withdraw funds from Payoneer Card directly to my local bank account within 24hours as long as I have at least $500. If I dont have that much, then I just withdraw the money to any ATM which accepts MasterCard.

Just recently, they also provided the users with a German Bank Account and a separate Prepaid Card that can be used in receiving payments in Euro.

Payoneer charges 1% (meaning if you receive $300 by Amazon, you only receive $297 because 1% of $300 is $3) of the amount you receive and another $3.15 everytime you withdraw from the ATM. Though I'm okay with it because it is still lesser than what my bank is charging me everytime I deposit a check and I don't have to wait that long before I could get my earnings.

If you want to receive your earnings via EFT, you may want to get a Payoneer Card here: http://share.payoneer-affiliates.com/a/clk/1L3C6d.

Hope this helps.

-->Regarding taxes, as long you don't provide Amazon with a US Tax ID, all your earnings/royalties will be deducted with a 30% Withholding tax.

Kathrina Collins

Posts: 1
Registered: 01/19/15
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Apr 13, 2015 5:58 PM   in response to: icu4marketing in response to: icu4marketing
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Hi,

Thanks for the info. It is helpful. I got my US Bank Account that Payoneer gave me and put it on my KDP info which now shows that I am to receive royalties through EFT. But, one thing is bothering me. Those royalties PRIOR to SWITCHING to EFT will still be sent through check, what happens if that royalty did not meet the threshold? Is there any way I can request it to be transferred to my Payoneer or US Bank Account? Please advise.
Maria Odeenah O...

Posts: 3
Registered: 02/13/17
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Feb 13, 2017 2:49 PM   in response to: Ralf in response to: Ralf
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wow. thanks for this clear and precise answer. im just wishing that kdp will add Philippines soon.
Maria Odeenah O...

Posts: 3
Registered: 02/13/17
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Feb 13, 2017 2:53 PM   in response to: icu4marketing in response to: icu4marketing
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thank you for sharing this info. very helpful
Maria Odeenah O...

Posts: 3
Registered: 02/13/17
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Feb 13, 2017 8:58 PM   in response to: icu4marketing in response to: icu4marketing
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Hi, thanks very much for this tip. I now have payoneer acct, how can i add it to the kdp acct? thank you

Edited by: KDP Moderate on Feb 21, 2017 1:32 PM
grandmaster

Posts: 838
Registered: 11/29/16
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Feb 21, 2017 6:57 AM   in response to: Maria Odeenah O... in response to: Maria Odeenah O...
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This isn't Amazon. Read the help pages to learn how to set up your account. No one from there is going to email you, though you've now opened yourself up to spammers and scammers. You might want to delete that link.

Also, please don't revive old threads. Read, learn, move on. This zombie was born nearly six years ago!
Icarus Web Mark...

Posts: 1
Registered: 03/15/17
Re: Author from Philippines, How to Receive Royalty, What Steps? Thanks
Posted: Mar 15, 2017 7:10 AM   in response to: icu4marketing in response to: icu4marketing
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thanks for this useful post :)
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