How to register a bank account to receive from YouTube & How is the monetization of videos
Anyone who wants to start producing content for YouTube or is already producing receives income that needs to be transferred to an account. Payment is made through Google’s ad system, AdSense. The platform defines a minimum amount so that the producer can make the withdrawal and when that moment arrives, it is necessary to have an account to receive in dollars.
Registering a bank account to receive from YouTube is a simple process. The challenge is to find a bank that allows this type of transaction. In this article, you will see how to register a bank account to receive from YouTube and how to find the right account to do so. Keep reading and check it out!
How to make bank account to receive money from YouTube
Many content producers are faced with this moment, to find an account where they can receive their money from YouTube. That’s because Google pays in dollars and not all bank accounts receive amounts in foreign currency.
In general, most traditional banks receive, however, the cost to the holder is very high, causing the discount on the amount received to harm the income. Especially when the amount to be paid is not expressive.
For this reason, many producers end up keeping the value in AdSense, hoping to accumulate an amount that is worth transferring. The problem with this strategy is that the content producer works, but does not receive.
Inter Bank
Banco Inter is a digital bank, which does not have a bank branch and does not charge fees from its customers. Customers can use the account to receive their earnings without incurring any charges for the transfer. To do so, you need to open an account at Banco Inter. The process consists of sending images of your documents, a validation through facial recognition and a bank evaluation process.
If the account is approved, you can start using Inter’s services through its app. The debit card is sent to the customer’s address, but withdrawals are only allowed at Banco 24 Horas terminals.
Online Remittance
Online is a platform for transferring values in several currencies. With this service, you can receive payments in Euros, US Dollars, Pounds, Canadian Dollars, Australian Dollars, Swiss Francs and Japanese Yen. In addition to transferring values to several countries around the world.
Using the Online service is very easy. You just need to register on the platform and wait for approval. Online, like other money transfer services, charges an operation fee and IOF. However, it does not charge any type of fee.
The advantage of the platform is that the registration and approval process is very fast, as well as the deadline for releasing the money – up to two business days.
There are also other value transfer services, with more expressive fees and that can harm your income.
How to get paid from YouTube without having a bank account?
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AdSense, Google’s payment system, requires an account to be registered to make the transfer to the user of the platform. Therefore, it is necessary to use a bank account or a transfer platform, such as Online.
However, to receive Online you will also need a bank account. So, if you want to know how YouTube sends money to people who don’t have a bank account, at some point you’re going to need a bank account.
How to get paid on YouTube
If you haven’t received any payments from YouTube yet, you need to know some information before your first withdrawal. YouTube only allows payments above 100 dollars, but for videos to be monetized, you need to sign up for the platform’s Partner Program. Approval of registration depends on a few criteria :
Follow YouTube’s Channel Monetization Policies;
Live in a nation or locale where the program is accessible ;
Not having community guidelines notices active on the channel;
Have in excess of 4,000 substantial public review hours over the most recent a year;
Have at least 1,000 subscribers on the channel;
Have a linked Google AdSense account.
Meeting these guidelines is a mandatory criterion, so producers do not receive money once they start a channel. Before that, they must create content, attract subscribers and register for the program. Once the channel meets all the requirements, you will be able to sign up for the Partner Program and accumulate your earnings.
How is the Monetization of videos
