AMERICAN SOCIETY FOR COLLECTIVE RIGHTS LICENSING
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Important Payment Processing Information

3/15/2020

 
Please note that ASCRL ACH payments may appear in your bank account with and MR or MRI or Music Reports designation. We are working with the banks to get the ACH line items to have an ASCRL specification. That process has worked for some of your accounts, and it is ongoing to make it reflect in others. Until then your ASCRL funds may arrive in your account with an MR or MRI ACH designation.  Additionally, your 1099 may accordingly have the payor information for MR, MRI, or Music Reports, not ASCRL. We are sorry for any confusion this may cause.

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