Hi all,
This is a follow-up topic on Updates to our Legal Entity.
Starting today, all Google Ad Manager-related payouts will be issued from our new legal entity in Ireland, “Junnovate Limited”.
This means that a new recipient profile will be created for you in order to receive the funds. Please, complete it at your earliest convenience.
In this new process, you will be required to verify your identity before receiving a payout. Make sure to complete it after filling your payout details.
What currency be payouts in?
Payouts will now be issued in EUR. You can receive the funds in any of the already-supported currencies.
I had an existing balance in USD. What will happen to it?
Your balance has been converted to EUR already, if it was greater or equal than $0.01.
Will the payout options change?
No, both bank transfer and PayPal will still be available for payouts.
How is the ad revenue calculated with foreign currencies?
Google calculates foreign currencies on a daily basis. It means that despite Google’s internal currency might be USD or anything else, whenever we receive it in EUR it will be converted with each daily exchange rate.
For more details, refer to the following topic:
Should you have any questions, please drop them here or send them via email to support@kodular.io.
Thank you.