Understand what Green Room Financial Accounts can do, and how to set them up.
🧪 This feature is in beta testing. See more about our beta program here.
Green Room is excited to offer Financial Accounts to help musicians and bands better manage their music business
Green Room Financial Accounts enable performers and bands to get paid electronically, securely store funds from show payments, and better understand the health of your music business.
Getting Started
To set up an account, go to the Finances Section in Green Room, and click on the Create Financial Account button.
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You will be sent a text message to verify your provided number, then prompted to select your type of business. You will then be prompted for detailed information about the entity you selected.
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🕵️ Note: The information submitted at this stage will be verified against the information submitted to the IRS for this individual or entity. If this information does not match exactly, identity or entity verification documents may be required. You can read more about accepted verification document here.
Limitations
Residence Limitations
Green Room Financial Accounts are for business uses, only. It is not for personal or consumer use, and should only be used for business use cases.
Green Room Financial Accounts are for US-based businesses only. However, business owners and authorized persons of businesses using Green Room Financial Accounts can reside in over 150 countries.
Some countries of residence may require a higher level of scrutiny and review when creating an account.
Business owners, beneficial owners, and authorized persons that have a primary address in one of the following countries are supported, typically without an enhanced review:
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Business owners, beneficial owners, and authorized persons that have a primary address in one of the following countries are supported, but subject to an enhanced review:
| Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Bahamas Bahrain Bangladesh Barbados Belize Benin Bhutan Bolivia Botswana Brazil Brunei Bulgaria Burkina Faso Cambodia Cameroon Cape Verde Cayman Islands China Colombia Comoros Costa Rica Croatia |
Cyprus Djibouti Dominica Dominican Republic East Timor Ecuador Egypt El Salvador Estonia Eswatini Ethiopia Fiji Gabon Georgia Ghana Grenada Guatemala Guernsey Guyana Honduras Hungary India Indonesia Israel Jamaica Jordan Kazakhstan Kenya Kiribati Kuwait |
Kyrgyzstan Laos Latvia Lesotho Liechtenstein Lithuania Macau North Macedonia Madagascar Malawi Maldives Malta Marshall Islands Mauritius Mexico Micronesia Moldova Monaco Mongolia Montenegro Morocco Mozambique Namibia Nepal Nicaragua Oman Palau Panama Papua New Guinea Paraguay |
Peru Philippines Qatar Republic of the Congo Romania Rwanda Samoa San Marino Saudi Arabia Senegal Serbia Seychelles Solomon Islands Sri Lanka St Lucia St Vincent and the Grenadines Suriname Tajikistan Tanzania Thailand The Gambia Togo Tonga Tunisia Turkey Tuvalu Uruguay Vietnam Zambia |
Green Room prohibits the use of Financial Accounts for any dealings, engagement, or sale of goods or services linked directly or indirectly with the following jurisdictions: Cuba, Iran, North Korea, Crimea region, and Syria.
Green Room partners with Stripe Payments Company for money transmission services and account services with funds held at Evolve Bank & Trust, Member FDIC.