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Hi everyone, how are you? :)

 

I would like to know if I can only receive payment through PayPal only without giving away my bank account and/or credit card (MasterCard, Visa, etc.) details.  I am new here and am a seller of vectors (I guess Alamy calls us contributors), and I use Adobe Illustrator to create my original content.  Anyway, in Alamy's privacy policy (I believe it is here or under Terms and Conditions), specifically says "Additionally, to get paid for any sales made through Alamy we need to know your bank details; name of your bank, country, account holder’s name and account number with sort code."  Please let me know exactly what should I do, thank you for your patience. :)

 

Sincerely,

Javier Campo :)

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You'll need to contact contributor relations to get clarification. However, I can't see any absolute requirement to provide bank details in the contributor contract and, as MDM says, Paypal (and Skrill) are alternatives which don't require such details to be divulged. I think the privacy policy is simply explaining why Alamy holds bank details (for many contributors), but it does not make it clear that this is not required in all cases. Only Alamy can say for sure, so you need to contact them if you are concerned about the issue.

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You can use PayPal - if you go into your account settings there is an option to do so.  I have heard there is a charge for doing so - perhaps for currency exchange if you are being paid in euro or dollars - not having done it I don't know. 

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I had to use paypal as everytime I've given alamy my bank account details they could never make payment. The bank account details were 100% correct, so I'm not sure what the issue was. But paypal worked.

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The first time I used PayPal for payment I had to pay the PayPal fee, thereafter I changed to payment via my bank.

 

Carol

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I use a Nicaraguan bank for Alamy deposits, and it's not my major account.  The bank rakes off a minimum of $20 for these deposits, but the only one I've had so far went through. 

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33 minutes ago, MizBrown said:

I use a Nicaraguan bank for Alamy deposits, and it's not my major account.  The bank rakes off a minimum of $20 for these deposits, but the only one I've had so far went through. 

 

Why give the bank $20 when you can easily receive your Alamy payments via PayPal for free? Alamy covers any PP fees, which is very good of them.

 

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Posted (edited)
17 minutes ago, John Mitchell said:

 

Why give the bank $20 when you can easily receive your Alamy payments via PayPal for free? Alamy covers any PP fees, which is very good of them.

 

 

Doesn't work in Nicaragua last time I looked.  And if I fake living in the US, I can end up with other problems.   The US Government has had a problem with Nicaragua since the country reelected Ortega and he got the economy moving again.  So, I can't invest in the US stock market if I'm living here and that predates the last year's mess.  My US bank didn't explain completely what the problem was (something about address verification problems, but a broker friend of my brother's did explain that I could make investments in the US if I lived in Costa Rica but not Nicaragua.  My university could set up an annuity and that seems to be the only workaround to the Treasury department rules (which pre-dated the NICA Act) that I could find that paid reasonably well (still can have interest bearing bank accounts, but the interest rate is quite low).

 

As far as the US is concerned, we're living in a dictatorship that lets the poor vote too much, or something.  PayPal is quite right wing also and probably wouldn't work with a socialist bank.   I'd have to lie about my address.  I'd rather not.   My Social Security check is deposited to a US bank that knows where I live.  My CC company also knows where I live.

 

Money doesn't transit the US, which is a good thing considering.   I save more than $20 a month living here, so unless those of us getting Social Security are ordered back to the US, I'm good.

 

 

Edited by MizBrown
reducing repetition and adding stuff.

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I have a U.S. bank account that the only thing that comes into it is my payments from Alamy,

I simply told them that it is a "Direct Deposit" so I pay no bank fees.  I did not know that Alamy

covers the PayPal costs, but I have a good idea of how they do that.  Lastly I receive my payments

via direct transfer very quickly with my bank.

 

When I was in California, I also told Bank of America that payments from Alamy were "Direct Deposits"

and they did not charge a bank fee.

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1 hour ago, Chuck Nacke said:

When I was in California, I also told Bank of America that payments from Alamy were "Direct Deposits"

and they did not charge a bank fee.

 

I'll have to see how to translate that into Spanish.

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3 hours ago, MizBrown said:

 

Doesn't work in Nicaragua last time I looked.  And if I fake living in the US, I can end up with other problems.   The US Government has had a problem with Nicaragua since the country reelected Ortega and he got the economy moving again.  So, I can't invest in the US stock market if I'm living here and that predates the last year's mess.  My US bank didn't explain completely what the problem was (something about address verification problems, but a broker friend of my brother's did explain that I could make investments in the US if I lived in Costa Rica but not Nicaragua.  My university could set up an annuity and that seems to be the only workaround to the Treasury department rules (which pre-dated the NICA Act) that I could find that paid reasonably well (still can have interest bearing bank accounts, but the interest rate is quite low).

 

As far as the US is concerned, we're living in a dictatorship that lets the poor vote too much, or something.  PayPal is quite right wing also and probably wouldn't work with a socialist bank.   I'd have to lie about my address.  I'd rather not.   My Social Security check is deposited to a US bank that knows where I live.  My CC company also knows where I live.

 

Money doesn't transit the US, which is a good thing considering.   I save more than $20 a month living here, so unless those of us getting Social Security are ordered back to the US, I'm good.

 

 

 

It seems that just about everything is political now. Very sad.

Is Scotiabank in Nicaragua yet? They are in other CA countries.

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Wow.

Quite an eye-opener for us over here.

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So you can't have Alamy pay into the same bank where you get your social security check?

 

Paulette

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5 minutes ago, NYCat said:

So you can't have Alamy pay into the same bank where you get your social security check?

 

Paulette

I'm guessing here, but I believe Alamy pay through Citibank. It's a US bank and that's the problem.

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I get my payment at JPMorgan Chase. Since her social security check goes into a US bank I'm not sure I get your point.

 

Paulette

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Posted (edited)
4 minutes ago, NYCat said:

I get my payment at JPMorgan Chase. Since her social security check goes into a US bank I'm not sure I get your point.

 

Paulette

Obviously you get your bank transfer from your own bank. I mean the bank that handles the foreign exchange for those of us not paid in USD.

Miz seemed not to want to give her address to Paypal.

Edited by spacecadet

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Aha. We are at cross purposes. I wasn't referring to PayPal at all. I thought if she gets her social security deposited into a US bank the Alamy payment could go there too. Perhaps not. Just an idea.

 

Paulette

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Frankly I doubt that Paypal would be adverse to depositing funds in a Nicaraguan bank. They would of course be converted into the local currency. That is the case even in Canada -- i.e. when I transfer my monthly Alamy payments from PP to my bank account, they are converted into Canadian dollars. The law requires it. I can't keep the money in US funds unless it stays in my PP account. However, I can of course do online shopping in USD using my PP balance.

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6 hours ago, NYCat said:

So you can't have Alamy pay into the same bank where you get your social security check?

 

Paulette

 

That makes sense. Better than paying $20 a pop.

 

In Canada, it's usually $15 for international "wire" transfers, which is why I use PP.

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My bank charges nothing for Alamy payments but they did charge me for DACs payments when I was doing my own. Something about the method used by the payer. I think it depends on the bank and I am charged almost no fees at all because I have enough direct deposits to be exempt from fees.

 

Paulette

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22 hours ago, John Mitchell said:

 

It seems that just about everything is political now. Very sad.

Is Scotiabank in Nicaragua yet? They are in other CA countries.

 

16 hours ago, NYCat said:

Aha. We are at cross purposes. I wasn't referring to PayPal at all. I thought if she gets her social security deposited into a US bank the Alamy payment could go there too. Perhaps not. Just an idea.

 

Paulette

 

Probably could and may look into it.  I've only had one payout so far, so at this point, it's not a huge deal.   I have to have a Nicaraguan bank card to buy anything from Apple as long as I'm living here (and the bank was properly suspicious the first time I did that).   Also used it occasionally when I have checks made out to me mailed here.  

(Adobe, amusingly enough, never checks to see where I live as long as I use a US card).

 

I think the particulars of my US bank account is that I can do one free wire transfer a month, but I'd have to check on that. 

 

I have been living here since 2010 and haven't been back to the US in around four years, but the IRS asks my Nicaraguan bank to find out from time to time where I'm really living.  I would have to do paperwork for the IRS if I had more than $10K in the account. 

 

Local bank is pretty much all over Nicaragua.  I thought I could use the card in Mexico but they suspended use rather than OKed use outside Nicaragua.  Fortunately, I'd told my US credit card where I was going, too.     

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11 hours ago, John Mitchell said:

Frankly I doubt that Paypal would be adverse to depositing funds in a Nicaraguan bank. They would of course be converted into the local currency. That is the case even in Canada -- i.e. when I transfer my monthly Alamy payments from PP to my bank account, they are converted into Canadian dollars. The law requires it. I can't keep the money in US funds unless it stays in my PP account. However, I can of course do online shopping in USD using my PP balance.

 

Paypal stopped transferring money in through Xoom, apparently.  Everything I've heard about Paypal here is that they're difficult and the rules change.   The US is trying to cause a financial crisis in Nicaragua because that worked so well in Cuba (deep sarcasm if you haven't guessed).   The Cordoba is indexed to rise against the dollar and inflation has been pretty well conrolled, but it's still a factor.  I paid rent in cordobas one place and the dollar value of the rent went down around $10 US over two years.  The landlady renegotiated in dollars and all my rents since (two other places) have been in dollars and my phone, internet, and cable bills are contracted in dollars and billed in cordobas.   I have a dollar account with the Nicaraguan bank.  The random checks I've gotten here have been in dollars.

 

If I started making $200 to $300 a month regularly, I'd probably look into having the money go to my US bank.

 

 

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Thanks to everyone for the suggestions. 

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