iOS store and bank accouncts?

Discussion in 'iOS Programming' started by The JTizzle, Aug 31, 2011.

  1. The JTizzle macrumors 6502

    The JTizzle

    Joined:
    Jun 14, 2009
    Location:
    Maine
    #1
    Hey my buddy and I are about to make a dive into iOS dev. One thing we were wondering is does apple offer any kind of 50/50 split with ernings and would they deposit into 2 different accounts, or do we need to open up a business account and pay ourselves out of that? I only ask as he lives in new York and I live in Maine so it's kind of hard for both of us to get together at the same bank to set up a new accoun.
     
  2. troop231 macrumors 603

    Joined:
    Jan 20, 2010
    #2
    iTunes connect allows multiple bank accounts, hope this helps you! :cool:
     
  3. admanimal macrumors 68040

    Joined:
    Apr 22, 2005
    #3
    You can list multiple bank accounts, but I'm pretty sure that you can only have one active account that receives the money from Apple.
     
  4. firewood macrumors 604

    Joined:
    Jul 29, 2003
    Location:
    Silicon Valley
    #4
    The money from an app's sales currently pays into one account. So you'd either have to set up a shared business account, or just let Apple deposit to one party's account and have that person transfer or write a check for 50% to the other party. If you both have access as financial agents on the developer account, you can both check the financial reports to see what the proper amounts should be.
     

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