Issues (Archived 09/10/2007)

The Royalties Administration Unit announces new royalty payment information

The National Institutes of Health received notice that the Mellon Client Services Center will no longer be providing check collection services for our royalty payments. Effective September 1, 2007, check collection will now be handled by U.S. Bank. Please update your organization’s accounts payable information and your license agreement records with this new information regarding payments by check. We have also updated our collection procedures for licensees that have their checks drawn on foreign bank accounts. Click here to access our Frequently Asked Questions and Answers Sheet regarding royalty payments and reports. http://www.ott.nih.gov/faqs/royalty_reports.html#2