It will pay you even the merchant did not pay maxbounty and pay you through deposit or cheque, if you hit $1000 per week, they will also put you on weekly wires.
I got my first cheque from them last month. The cheque was sent in the middle of the month. They offer one option, by cheque, as paypal doesnt work to my country.
Payments for MB are ususally made on the 15th, so you should get your check around the 17th to the 25th of the month depending on your country, as it may take time for the mail to arrive.