Automate payments to multiple accounts
Bulk Payments Service supports the bulk submission of files to initiate payment and non-payment transactions at any pre-defined future time, including real-time.
To find out more about our Bulk Payments Service, contact Irina Eremina
Bulk Payment Service captures planned payment transactions, such as payroll or government disbursements, and automates the on-time generation of payments in a batch.
It also supports non-payment transactions, such as request-for-information or request-to-pay, and provides post-processing reconciliation and reports.
It can provide a standalone solution for batch-in–batch-out processes, functioning as a clearing house for batch settlement with the central bank. It is also able to unbundle and disburse individual payments that settle and clear immediately via real-time payments infrastructure.