Have not/will not receive payment for a sale?

Discussion started by los-reicitos

Hey CG-TRADERS!

So way back on 2015-01-30 i made a sale and about nine dollars after Final Royalties.
However, i had not entered ANY payment information. So years later, (a few days ago) i added the payment information and made another sale.

It says i'll receive 21$ for the new sale which already has payment information set up, but on the sale from 2015 it says ill receive 0$. Can somebody explain to me why is that? Does the money like EXPIRE after a certain time if i had not received it?!

That'd be VERY disappointing...

Answers

Posted over 4 years ago
1

I don't have a definite explanation, but I'll offer up a couple of assumptions since you asked.

First, it could have something to do with taxes on royalties and the statute of limitations on creditors or collection of debt. It could be a similar situation to "stale checks", where a bank isn't legally required to honor checks which are cashed after a certain time of the issue date. In other words, it's just been too long since the sale was made, and with no royalty payment information, they are only obligated to hold on to unpaid royalties for a certain period of time. I'm not certain of this, just speculation.

Another issue might be that, without any verified payment information, there's really no way for CGT to know for sure who is truly owed those royalties for that first sale, even though it's under your account. Payment information is very useful for identity verification as well as distribution of funds.

Again, this is only speculation and may not even be relevant. Definitely contact support and find out what's going on there. Good luck!

los-reicitos wrote
Thanks. I'll try with Support
Posted over 4 years ago
0

Yes you have need to verified payment detail . If You have done it already then its too much time taking process to release payment . if you have any query then feel free to contact support team they are more helpful . Best Luck

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