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Library asking for banking details with contract offer

Posted: Tue Aug 07, 2018 4:29 pm
by jazpno
I have had many library signings through Taxi and recently received another one. Everything in their request for tacks is the same as usual with the exception that they are wanting my banking details. I have never had this be fore with about 7 other libraries that I am in. Anybody ever had this or heard about this.? Is this a normal business request?
I hope someone can help me with this.
Carl

Re: Library asking for banking details with contract offer

Posted: Tue Aug 07, 2018 10:44 pm
by DesireInspires
If you only have one bank account, open another just for collection of music royalty monies. There is no reason why you should only have accounts with one bank.

So go open a new account at another bank and send over the info. Money could be waiting for you!

Re: Library asking for banking details with contract offer

Posted: Wed Aug 08, 2018 5:41 am
by guscave
Ask them if they accept Paypal. Tell them all your financial transactions for music revenue are done through that service. All the libraries I've ever worked with have paid me via Paypal.

Re: Library asking for banking details with contract offer

Posted: Wed Aug 08, 2018 6:56 am
by jazpno
Thanks guys for the help.... I will follow up with your suggestions