Skip to main content

Banking & Withdrawals

Worth makes it easy to receive revenue from your music. This guide explains how to understand your balance and request withdrawals.

Understanding Your Balance​

Each organization on Worth has its own financial account where revenue accumulates.

Viewing Your Balance​

  1. Navigate to your organization dashboard
  2. Your current balance is displayed at the top
  3. Click into the organization to see transaction history

What You'll See:

  • Current Balance: Available funds you can withdraw
  • Transaction History: All incoming revenue and past withdrawals

Transaction History​

Your transaction history shows:

  • Date: When the transaction occurred
  • Type: Revenue or withdrawal
  • Amount: Dollar amount
  • Source: Where the revenue came from (song name, distributor)
  • Description: Additional details

How Revenue Works​

Revenue Flow​

  1. Worth Collects: We collect revenue from distributors and labels
  2. Worth Reconciles: We match payments to songs and ownership
  3. Automatic Distribution: Revenue is distributed based on ownership percentages
  4. Your Balance Updates: Your organization's balance increases
  5. You Withdraw: Request a withdrawal when ready

Multi-Party Songs​

If a song has multiple rights holders, revenue is automatically split based on the registered ownership percentages. Each organization receives their share directly to their balance.

Revenue Timing​

Revenue timing depends on when distributors pay Worth:

  • Most streaming services pay monthly
  • Publishers may pay quarterly
  • There's typically a 30-90 day delay from when royalties are earned to when they're paid

Withdrawing Funds​

How to Request a Withdrawal​

Contact the Worth team to request a withdrawal from your organization balance.

Email: platform@getworth.co

Include in your request:

  • Organization name
  • Amount you'd like to withdraw
  • Any specific timing needs

What Happens Next​

  1. Worth team confirms your request
  2. We verify your banking information
  3. Funds are transferred via ACH (typically 1-3 business days)
  4. You receive confirmation when complete

First-Time Withdrawals​

For your first withdrawal, we'll need to collect:

  • Bank account information (routing and account number)
  • Account type (checking or savings)
  • Tax information (W-9 for US entities)

This information is collected securely and only used for payment processing.

Tax Reporting​

1099 Forms​

If your organization earns over $600 in a calendar year, Worth will issue a 1099 form.

Timeline:

  • Forms issued by January 31st
  • Covers the previous calendar year
  • Sent via email and available for download

Tax Information​

To receive payments, we need your tax information:

  • Legal organization name
  • Tax ID (EIN or SSN)
  • Organization type
  • Address

Contact Worth support to submit or update your tax information.

Coming Soon: Self-Service Banking​

We're working on self-service bank account linking and withdrawals. Soon you'll be able to:

  • Link your bank account directly through Plaid
  • Initiate withdrawals from your dashboard
  • Track withdrawal status in real-time

For now, contact Worth support for all banking and withdrawal needs.

Frequently Asked Questions​

How long do withdrawals take? Typically 1-3 business days via ACH transfer after your request is processed.

Are there withdrawal fees? Worth does not charge withdrawal fees.

What's the minimum withdrawal amount? Contact Worth to discuss minimum amounts. We're flexible based on your needs.

How do I know when revenue is added to my balance? You'll see transactions appear in your organization's transaction history.

Is my banking information secure? Yes. We use bank-grade security and only collect the minimum information needed for payments.

Can I update my bank account? Yes, contact Worth support to update your banking information.

Need Help? Contact Worth support at platform@getworth.co