A bulk transfer allows you to schedule up to 400 transfers at once from your desktop.
No need to initiate these transfers one by one anymore: for example, you can pay all your suppliers at the end of the week, or all your employees at the end of the month, in a few clicks.
💡Good to know: It is possible to send bulk transfers as instant, but please note, we can’t guarantee that all bulk transfers will be processed as instant.
You just have to group all your payments in one file. You can choose one of those two formats:
the .XML one,
or the .CSV one.
The .XML format allows you to export your list of transfers directly from your accounting or payment tool, like PayFit. For the full process, see: How do I generate a bulk transfer using an .XML file?
To upload your file in .CSV format, you need to follow Qonto's predefined template structure. For detailed guidance on how to set up and upload your file, see: How do I generate a bulk transfer using a .CSV file?
Payroll transfers
You can now make transfers to your employees so that the information is received as ‘payroll or salary’ at their receiving bank. Simply select the option when entering the transfer details.
ℹ️ This feature is only visible to owners and administrators.
💡 This feature is included in the Basic plan and above.