Questions around payout fees / transfer costs / bank account setup (Canada)

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1

Hi there, I’m a new iMusician user located in Canada. I’m intending on subscribing to the AMPLIFY+ plan but I wanted to check a couple of things before I do that.

I think I heard you say in a YouTube video that you use Wise in the payout process.

-Will there be any currency conversion or payout fees for me when requesting a payout? What are the “payment transfer costs” mentioned in the terms & conditions?

-I have a Canadian bank account which I see I can add to my iMusician dashboard. Are there any other fees I should be aware of (assuming I’m on the AMPLIFY+ plan with 0% commission)?
-I assume you have some users in Canada who have received payouts to their Canadian bank accounts without problem? Just checking as I’m very new to this!

Thanks!
James

4

Hi Simon, thanks for your reply and answering my questions!

That sounds straightforward enough.

I will standby for information around the payout fee.

Thanks,
James

6

Great, thanks @SimonG !