At Tone, we know how important it is for artists to receive their payments promptly. Here is the path your royalties take to get to your bank account.
✅ Step 1: Get Verified
Before we can send any funds, we need to verify your account. It only takes a few minutes!
- Action: Log in here and fill in your banking and tax info on the Payee Settings page. If you need assistance, click here to find out how to correctly set up your Tone account.
🧮 Step 2: Label Processing
Once your info is in, we wait for your label to "crunch the numbers." This involves calculating sales against costs, advances, and collaborator splits. We work closely with labels to make this as smooth as possible.
🏦 Step 3: Funding & Transfer
As soon as your label approves and funds your statement, the transfer will be initiated.
- U.S. Accounts: Funds typically arrive within 1–3 business days.
- International Accounts: Funds typically arrive within 3–5 business days.
🔍 Understanding Your Payment Status
You can track the progress of your money by looking at the status of your statement in the Tone portal:
- Not Funded: Your label has not yet funded the royalty statement. We are currently waiting for them to do so.
- Carried Forward: Your balance has moved to the next royalty period. This usually happens if your balance is below the payout threshold (e.g., $10) or if your account wasn't verified when the label issued payments.
- Processing: Great news! The label has funded your royalty statement and initiated the payment process.