The Wackiest Ship in the Army
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2017 | 2015 | 2014 | 2013 | 2012

1 item from 2017


SAG-AFTRA Offers Members Residuals Through Direct Deposit

8 February 2017 7:37 AM, PST | Variety - Film News | See recent Variety - Film News news »

SAG-AFTRA is offering members delivery of residual payments through direct deposit for the first time, replacing paper residuals checks.

The performers union, which has about 160,000 members, announced Wednesday it has entered into a multiyear agreement with Exactuals, a Los Angeles-based payments software company, to deliver residuals payments through direct deposit. SAG-aftra said Exactuals will serve as a third-party broker to facilitate transmission of data and funds between the studios and payroll houses to SAG-aftra and its members.

Processing of funds will be handled by Exactuals through City National Bank which will electronically transfer funds to member accounts at any checking account at a domestic bank. The service will be free of charge.

“Our members asked for the direct deposit of residuals and we have heard them loud and clear,” said SAG-aftra President Gabrielle Carteris. “We have long been in discussions with employers to make this happen and are delighted to announce this partnership. »

- Dave McNary

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