iOS store and bank accouncts?

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

  1. The JTizzle macrumors 6502

    The JTizzle

    Jun 14, 2009
    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

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

    Apr 22, 2005
    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

    Jul 29, 2003
    Silicon Valley
    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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