The guide to collecting the money earned with YouTube monetization: how to transfer it to your account in just a few steps.
By opening a channel YouTube and by meeting the minimum requirements to start monetization, you can earn some money through the video sharing platform. If you have reached the point of being able to earn from the videos you publish on the platform itself, you will have wondered how to collect the money earned and transfer it to your personal account. So let’s find out together how to carry out this step.
How to transfer YouTube monetization money
From the moment you came to earn money from uploading videos to YouTube, you have surely wondered how to transfer the money obtained from your account to your current account or prepaid card. If you don’t know how to make this transfer, we’ll show you the steps to complete the procedure.
On the other hand, this money comes from collaborationsbut also from sponsorships and from donations external to the platform itself: therefore, you must also have a complete vision of the profits coming from Google AdSense which, in fact, manages advertising revenue.
Therefore, in the next lines, we try to clarify this type of procedure, in order to transfer the money or magnetized with YouTube from the platform to our personal wallet.
Set up your payment method
To be able to set the payment methodor, you must reach a minimum profit threshold of €10. Having said this, go to your profile Google AdSense and find your voice Paymentswhich is, in fact, in the left column: at this point, click on Payment data.
Google AdSense also sets withdrawal thresholds: an initial one of €10 and the second, a minimum of €70 for recurring credits. The withdrawal method, provided by YouTube, is that of bank transfer, therefore you must fill out a form and enter all the required data in order to obtain the sum earned.
In order to verify the IBAN, AdSense will make a debit of a sum less than one euro: this movement will appear on the account within five days and, when you view it, you can return to AdSense and go to the item and Payment data. Here you will find a warning on a red background, where I should click on the verify now button and enter the amount credited by Google.
Allowed withdrawal thresholds and crediting times of sums
Google AdSense also sets initial withdrawal thresholds – equal to €10 – and the second, however, minimum of €70 for recurring credits.
As regards the crediting times, we see that AdSense allows the collection of sums, in general, between 21st and 26th of each monthif the minimum required threshold is reached.
Also for YouTubetherefore, the matter is the same: the bank transfer, in fact, is the only form of payment, therefore to transfer the money earned through the monetizationyou basically need to use this transfer method offered by Adsense.
