Adsense Direct Deposit

Any word on when or if it will happen?

[clearvision]

Now that the checks are getting larger, my bank has decided to hold the funds for 10 days. So I went to Citibank to see if they would cash the check (since that is their drawing bank)...no go since the check was out of state. Even if I was banking with Citibank, they would still hold the check for 4 days to clear.

Does anyone know if there is word on direct deposit? Not that I am impatient, but wouldn't direct deposit be a better deal for everyone :)

[Broadway]

I got my check for last month today at noon. I did the "direct deposit" thing. I took that check directly to the bank and deposited it. I don't know if they'd ever cancel a check that that had already been issued but the way the "fraudulent clicks-close your account" wild card is I figure the sooner you get that check to the bank the sooner it clears.

[Jenstar]

Unfortunately, nothing yet :(

[clearvision]

Thanks Jenstar - do you know if they are considering it? If CJ does it why wouldn't a bigger corp like Google?

[nsqlg]

In my country (brazil), google cannot can sent checks anymore because of local laws issues (since july), anyone in brazil cannot get money until new payment method, this can speedup devolpment I hope.

[irock]

You mean the ENTIRE nation citizens cannot cash foreign cheques?

[nsqlg]

You mean the ENTIRE nation citizens cannot cash foreign cheques?

Can cash, but google not yet... since July, i dont know why, but some publishers very unhappy with this of course, and G dont can hold money for much time...

[top5jamaica]

that's strange .. why are you not able to cash google checks specifically? what law is that?

[Jenstar]

I definitely think direct deposit is something AdSense is considering, especially since it has been requested often enough. They have confirmed offering future payment options, I am just not sure of the timeline - could be tomorrow, could be months from now.

[mlemos]

You mean the ENTIRE nation citizens cannot cash foreign cheques?

According to information from a Fedex attendant, the brazilian customs determined that it is not an acceptable way to send money to individuals in Brazil.

I don't know about companies, but in Brazil by law individuals receiving foreign income should declare it every month via a statement named Carnê Leão and eventually pay the correspondent taxes until the end of next month.

I suspect that the problem is that this is meant to force people to pay due taxes. When individuals receive money via SWIFT (Standard Wire Internation Funds Transfer) in Brazil from a foreign company, they need to go to the bank and provide a declaration that explains the origin of the funds. Basically admiting that this is income subject of the usual taxes.

This problem is not specific to checks sent by Google. According to the Fedex attendant, there was a surge in the number of people being paid in Brazil by Google and the brazilian customs decided to halt them. I think they suspect that most people would not declare the income properly and would evade taxes.

[Mentat]

What is amazing is that if i get one check, the final stage is a WIRE TRANSFER!

I'll get the check to my bank, they will sent the check to SUA (Fedex or DHL) and after ~ 30 days i get the money by wire...

This is stupid and is costing me a lot of money :@

[nsqlg]

I hope in next month Brazil become receive direct deposit, maybe our laws can speedup for all publishers, after new methods already developed easily can be used for another countrys.

[mlemos]

It is stupid for you but not for the banks that gain interest for the time you wait.

[nsqlg]

ask for G about another payment methods, everyone want this, let G know.

[hyperkik]

It is my understanding that Google issues checks through a third party vendor. That is, they provide the vendor with a database of recipients and amounts to pay, and a really, really big check (to cover all AdSense payments, postage costs, and the vendor's fee).

The absence of "direct deposit" probably has to do with (a) problems changing vendors in the event of poor performance or a new round of bids, and/or (b) the possibility that low-bidding vendors don't offer the option of direct deposit.