Yes, at Unchained Music, we do require Know Your Customer (KYC) or identification verification for you to withdraw your royalties. This is a common practice in the music distribution industry, and it helps keep everything secure and legitimate. Here's what you need to do:
- Identity Verification: When you're ready to withdraw your royalties, we'll ask for valid ID documents. This could be a passport, driver's license, or other government-issued identification. Sometimes, we might need additional documents to fully verify your identity.
- Address Verification: We'll also ask for something that proves where you live. This could be a utility bill, a bank statement, or similar documents.
- Submission Process: You can submit these documents through our system or the payment service we use for payouts.
- Review and Approval: After you submit your documents, our team or the payment service will check them. This review is to make sure everything meets the necessary standards. It might take a little time, so we appreciate your patience.
- Withdrawal: Once everything is confirmed and approved, you'll be all set to withdraw your royalties as usual.