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PRIZE WINNINGS POLICY

 

                                                                               Attention all UBA Members

Effective September 1st 2021, there will be a new process to receiving prize winnings from official UBA events & matches. All members must be registered to the UBA website (www.ubatv.tv). When registering, please input your name exactly how it is registered on your UBA Franchise's roster. NO NICKNAMES PLEASE!!. After cashing in an event or match, your ubatv.tv email will be submitted through bill.com. Emails will not be able to be found if nicknames are listed on your ubatv.tv account. This will delay the distribution of your prize winnings. You will receive an email from bill.com to create an account. If you have received prize winnings previously via bill.com, there are no additional steps to take to receive your winnings UNLESS your accumulated yearly winnings adds up to $600 or more then you MUST submit a W-9 form to receive your prize winnings.

FAQ FOR BILL.COM PROCESS & PRIZE WINNINGS POLICY:

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Here are the instructions on how to set up bill.com accounts:

 

https://support.bill.com/hc/en-us/articles/207434333-Setting-up-a-free-Basic-Receivables-account?mobile_site=true

(#4 select independent contractor)

(#5 enter your information)

***PLEASE DO NOT CREATE A BILL.COM ACCOUNT BEFORE GETTING THE INVITATION LINK EMAILED TO YOU. ACCEPTING THE INVITE & SETTING UP YOUR ACCOUNT AUTOMATICALLY CONNECTS YOU TO THE UNDERGROUND BOWLING ASSOCIATION CONNECTION & ALLOWS US TO PROCEED DISTRIBUTING PRIZE WINNINGS (pending bank verification & a filed W9 if applicable).

IF YOU ALREADY HAVE A BILL.COM ACCOUNT, PLEASE FOLLOW THE INSTRUCTIONS BELOW:

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The UBA will only be communicating with event cashers in reference to a bill.com account set up. You will be required to enter your social security number or team EIN number for verification purposes. Once your account is set up & your banking information is verified, prize winnings will then be processed to be directly deposited into the account you add on your profile. *Note that if your accumulative prize winnings are $600 or more in a fiscal year (Jan 1-Dec 31), a W9 form must be submitted to the UBA. Prize winnings will not be distributed without a W9 on file. Locate a blank W9 form & uploading details on the www.ubatv.tv website under UBA Financials. Members will be allowed to add the following accounts that support direct deposit onto their profile:

  • Personal Banking Account
  • Paypal
  • Venmo
  • Cash App

 Thank you,

UBA Financial Department

Financials@undergroundbowling.com

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