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ELECTRONIC ROYALTY PAYMENTS

Cable systems, satellite carriers, and digital audio recording technology (“DART”) manufacturers and importers under the copyright compulsory license can make their royalty fee payments by using either the Automated Clearing

House (ACH) network through the Remittance Express

program or the United States Treasury Fedwire Deposit

System. Under these electronic deposit systems, the Licensing Division can receive royalty payment deposits

originating from operators’ commercial banks.

Procedure for an Electronic Payment Via ACH

• Contact your financial institution to determine if it is

capa-ble of originating ACH payments. (If not,

encourage the institution to obtain the capability.) Many

financial institutions offer personal computer based

ACH origination programs that allow you to input

payment information directly into the prescribed format

and to transmit the information to the financial

institution.

• Do not send a prenotification.

• Settlement of the ACH must occur by the appropriate

deadline. Settlement generally occurs the business day

after the ACH transmission. Check with your financial

institution on timing to avoid interest payments.

• Use the CCD format.

• Provide your financial institution with the specific

instruc-tions below so that the ACH can be transmitted:

Financial Institution: Federal Reserve Bank of

 Richmond

Location: 701 E. Byrd Street

 Richmond, VA 23219

Receiving ABA Number: 051036706

Account Number: 303017

Account Name: Register of Copyrights

Payment-Related See “Payment-Related

 Instructions: Instructions”

Circular 74 United States Copyright Office

How to Make Compulsory

License Royalty Payments Via

Electronic Transfer of Funds

Procedure for an Electronic Payment Via Fedwire

Contact your financial institution to determine if it can transfer funds via the Fedwire Deposit System. Provide the bank

with the specific instructions below so that a Funds Transfer Deposit Message can be transmitted to the De-partment

of the Treasury:

Receiver ABA No.: 021030004

Receiver Name: TREAS NYC

Beneficiary Account: 00007985

Beneficiary Name: Register of Copyrights

Originator to See “Payment Related

Beneficiary Info.: Instructions”

PAYMENT-RELATED INSTRUCTIONS

The accounting period, number of Statements of Account,

type of royalty payment (cable, satellite, or DART), and legal name of the owner of the cable system (and first community served), satellite carrier, or the DART manufacturer

or importer covered by the electronic transfer must be provided here.

Example: APC-952/NSA-00001/TOF-C/LNR-ABC

CABLE CO (ALBANY NY)/

A description of subfields and their order for payment- related information follows:

SUBFIELD DESCRIPTION

APC- Is a 3-digit subfield indicating the accounting

period covered by the electronic transfer. The

second accounting period for 1995 is indicated

by “952”. If the payment covers multiple accounting periods use “MAP” as the subfield

and indicate on the cover letter the accounting

period for each statement.

NSA- Is a 5-digit subfield with leading zeros representing the number of statements of account

the transfer covers, 00001 for 1 statement and

00095 for 95 statements.

TOF- Indicates the type of royalty fee, C for cable

royalty fees, S for satellite royalty fees, and D

for DART royalty fees.

LNR- The last subfield is for the legal name of the

owner of the cable system or satellite carrier or
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IMPORTANT: STATEMENTS OF ACCOUNT

AND ELECTRONIC FUNDS TRANSFERS RECEIVED AFTER THE FILING DEADLINE ARE

SUBJECT TO AN INTEREST ASSESSMENT.

Library of Congress • Copyright Office • 101 Independence Avenue, S.E. • Washington, D.C. 20559-6000

www.copyright.gov

August 2003—xxxx Web Rev: August 2003 E Printed on recycled paper U.S. Government Printing Office: 2003-xxx

the DART manufacturer or importer covered

by the electronic transfer payment and one

“community served” if a cable system.

NOTE: All subfields in the payment related information area must end with a “/”. The remitter should inform the financial institution that transmits the ACH

to use care and ensure that all information is provided in the prescribed format. Failure to provide the

information in the prescribed format may cause a

delay of the transfer.

HOW TO FILE THE STATEMENT OF ACCOUNT

• Where the royalty fee is remitted by electronic

payment, the related Statement(s) of Account must be

filed by the appropriate deadline.

• A cover letter must accompany the Statements of

Account indicating:

1 The royalty fee payment will be made via electronic

funds transfer;

2 The amount of the electronic funds transfer;

3 The date the electronic funds transfer is to be made;

4 The accounting period covered by the electronic

pay-ment. If the payment covers more than one period, indicate the accounting period for each statement; and

5 Cable operators must identify each statement by

“community served” and amount of royalty fee allocated to each statement.

If additional information is needed concerning royalty payments via electronic transfer, you may contact a Financial

Specialist at:

 Library of Congress

Copyright Office

Licensing Division, LM–458

101 Independence Avenue, S.E.

Washington, D.C. 20557-6400

Telephone: (202) 707-8150

Fax: (202) 707-0905

Internet: www.copyright.gov