Circular 74A: How to Make Statutory License Royalty Payments by Wire

copyright-circulars-circular-74aCircular 74A: How to Make Statutory License Royalty Payments by WireGuidance

w 	copyright.gov
CIRCULAR
74A
Under the copyright statutory licenses, cable systems, satellite
carriers, and digital audio recording technology (DART)
manufacturers and importers must pay royalty fees using
electronic funds transfer (EFT). Cable systems and satellite
carriers are also required to pay a filing fee. The EFT process
benefits both the remitter and the Copyright Office as the
agency responsible for collecting and distributing royalty fees.
EFTs can be transmitted either as Automated Clearing House
(ACH) credits or as Fedwire (wire) transactions, depending
on how a transfer is arranged through a financial institution.
Alternatively, they can be transmitted as ACH debits using
the U.S. Treasury Department’s web-based remittance system,
Pay.gov.
For other options, see How to Make Statutory License Roy-
alty Payments by ACH Credit (Circular 74B), or How to Make
Statutory License Royalty Payments Using Pay.gov (Circular 74C).
Procedure to Pay by Wire
• 	Contact your financial institution to determine if it can
transfer funds by the Fedwire Deposit System.
• 	Settlement of the wire must occur by the appropri-
ate filing deadline. Settlement generally occurs on the
same banking day the wire is transmitted. Check with
your financial institution on timing to avoid interest
payments.
• 	Provide the bank with the specific instructions below so
that a funds transfer deposit message can be transmitted
to the Treasury Department:
Receiver ABA number: 021030004
Receiver name: 	TREAS NYC
Beneficiary account: 	00007985
Beneficiary name: 	U.S. Copyright Office
Beneficiary info: 	See “Payment Related Instructions”
This circular contains instructions
on how to originate a wire transfer
through a financial institution to make
statutory license royalty payments. 1
How to Make
Statutory License Royalty
Payments by Wire
Complete printed PDF page 1
How to Make Statutory License Royalty Payments by Wire	2
Payment-Related Instructions
The accounting period; the number of statements of account; the type of royalty payment (cable,
satellite, or DART); and the legal name of the owner of the cable system (and first community and
state served from one statement of account), the satellite carrier, or the DART manufacturer or
importer covered by the electronic transfer must be provided here.
Example: APC-952/NSA-00001/TOF-Cable/LNR-ABC CABLE CO (ALBANY NY)/
A description of subfields and their order for payment-related information follows.
Subfield Description
• 	APC: A three-digit subfield indicating the accounting period covered by the electronic transfer.
The second accounting period for the year is indicated by “102.” 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: A five-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 payment (cable, satellite, or DART).
• 	LNR: The last subfield is for the legal name of the owner of the cable system or satellite carrier
or 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 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.
Procedures to File the Statements of Account
Cable or Satellite
• 	The royalty fee must be remitted by electronic payment, and the related statement(s) of
account must be filed by the appropriate deadline.
• 	Complete the Remittance Advice Form RA-1 if you are filing a cable or satellite statement of
account. Send the completed form by email or fax to the Licensing Division indicating:
1. Remitter’s (company) name
2. Contact person
3. Telephone number and email address
4. Date of EFT (actual or anticipated) and type of EFT
5. Type of royalty payment (cable or satellite)
6. Total amount of EFT
Complete printed PDF page 2
How to Make Statutory License Royalty Payments by Wire	3
7. Legal name (See space C of statement of account)
8. Total amount to be paid by year, period, ID number, first community served (cable only),
filing fees, and royalty fees
DART
• 	The royalty fee must be remitted by electronic payment, and the related statement(s) of
account must be filed by the appropriate deadline.
• 	Complete the Remittance Advice Form RA-2 if you are filing a DART statement. Send the com-
pleted form by email or fax to the Licensing Division indicating:
1. Remitter’s (company) name
2. Contact person
3. Telephone number and email address
4. Date of EFT (actual or anticipated) and type of EFT
5. Total amount of EFT
6. Legal name (See space B of statement of account)
7. Year, period, ID number, and royalty amount paid per statement
Important
• 	A remittance advice form must accompany statements of account.
• 	Royalty payments received after the filing deadline are subject to an interest assessment.
Contact the Licensing Division at licensing@copyright.gov or visit our website at
www.copyright.gov/licensing for interest rates.
• 	Failure to follow these instructions may result in return of the royalty fees to the remitter’s
account.
• 	The Library of Congress, U.S. Copyright Office, Licensing Division, is an agency of the U.S. gov-
ernment and is exempt from backup withholding (taxpayer identification number: 53-6002532).
NOTE: See Copyright Office Licensing Division Service Fees (Circular 76).
NOTE
1. This circular is intended as an overview of how to make statutory license royalty payments by wire.
The authoritative source for U.S. copyright law is the Copyright Act, codified in Title 17 of the United
States Code. Copyright regulations are codified in Title 37 of the Code of Federal Regulations. Copy-
right Office practices and procedures are summarized in the third edition of the Compendium of U.S.
Copyright Office Practices, cited as the Compendium. The copyright law, regulations, and the Compen-
dium are available on the Copyright Office website at www.copyright.gov.
Complete printed PDF page 3
1 	U. S. Copyright Office · Library of Congress · 101 Independence Avenue SE · Washington, DC 20559 · copyright.govCIRCULAR 74A REVISED: 09 /2017 	PRINT: 00 /0000 — 0,000
For Further Information
By Internet
The copyright law, the Compendium, electronic registration, application forms, and related materials
are available from the Copyright Office website at www.copyright.gov.
By Email
To send a licensing related inquiry, e-mail licensing@copyright.gov. To send a general email inquiry,
click the Contact Us link on the Copyright Office website.
By Telephone
For licensing related information, call the Licensing Division at (202) 707-8150. For general infor-
mation about copyright, call the Copyright Public Information Office at (202) 707-3000 or 1-877-
476-0778 (toll free). Staff members are on duty from 8:30 am to 5:00 pm, eastern time, Monday
through Friday, except federal holidays. To request paper application forms or circulars by postal
mail, call (202) 707-9100 or 1-877-476-0778 (toll free) and leave a recorded message.
By Regular Mail
Write to
Library of Congress
U.S. Copyright Office
Licensing Division
101 Independence Avenue, SE #6400
Washington, DC 20557-6400
Complete printed PDF page 4

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