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How to make a bulk payment with Finom account ?
How to make a bulk payment with Finom account ?
Anastasia avatar
Written by Anastasia
Updated over 3 months ago

With your Finom account, you can create up to 200 transfers using the bulk payment function.

There are 2 ways to do it in Finom:

  • By using a CSV file

  • By using an XML file

Bulk payment via a CSV file:

To execute a bulk payment via a CSV file, please follow these steps:

  1. Click on “New payment” and select “SEPA bulk payment”.

2. You will be redirected to "Make bulk payment" page.

3. Download a CSV template or select the file that matches our rules:

  • Beneficiary name

  • IBAN

  • BIC (optional)

  • Amount

  • Currency

  • Reference

4. Upload the chosen file. Once uploaded, check which payments have been recognized and which failed. In case of failure, you may amend errors and upload a new file once again.

5. Select the payments you would like to proceed with and confirm payment.

Bulk payment via an XML file:

To execute a bulk payment via an XML file, please follow these steps:

  1. Click on the “New payment” and select "SEPA bulk payment".

2. You will be redirected to "Make bulk payment" page.

3. Download an XML template or select the file that matches our rules:

  • Beneficiary name

  • IBAN

  • BIC (optional)

  • Amount

  • Currency

  • Reference

💡 Please note that the use of our template is not mandatory, it is just a recommendation that contains necessary fields so the feature works. You can use your own file with more extensive data.

4. Upload the chosen file. Once uploaded, check which payments have been recognized and which failed. In case of failure, you may amend errors and upload a new file once again.

5. Select the payments you would like to proceed with and confirm payment.

How much does it cost?

The bulk payment feature is available only to users on the “Premium” or “Corporate” plans.

If you have any questions, or you encountered an issue, please don’t hesitate to contact our Customer Support team from in-app chat or by email at [email protected].

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