How to Send Bulk Payments with Barclays Bank

With Barclays, you can make multiple payments in one online banking request. Barclays call this their Bulk Payments service. Here's how to access bulk payments, what you can't do in Barclays business banking, and how to overcome these restrictions.

Contents:

• Who can use bulk payments in Barclays bank
• How to process bulk payments in Barclays bank
• What you can't do in Barclays bank
• An easier way for Barclays business customers to make bulk payments

Who can use bulk payments in Barclays bank

• Business accounts
• Corporate accounts

Comparing Barclays Business Banking options

In summary, Business Accounts are ideal for small and medium sized businesses looking for straightforward banking and growth support, while Corporate Accounts cater to larger organisations requiring advanced financial management and tailored solutions.

For more details, you can explore their business banking options.

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How to process bulk payments in Barclays Bank

1) Log into Barclays Online Banking.

2) Select the menu option 'Account Services'.

3) Click 'Bulk Payments'. You now need to select or create a Group of payees. Click ‘Next’. To create a group, you need to add a Group Name, and Description.

4) Then you can add existing and/or new payees to this Group. A group must contain between 5 to 50 payees, otherwise you will see the error message below. Click ‘Save Group and Exit’. You can always edit existing Groups to change included payees.

5) Enter the payment amounts and references for each payee manually.

6) Select which bank account you would like to send the bulk payment from.

7) Click ‘Now’ or ‘Later’ to confirm whether you want to send the payment now, or schedule for a future date.

8) Click ‘Next’.

9) You are now at the ‘Review and Submit’ stage. Here it will show you a summary of the bulk payment you have created, and provide details of how to authenticate via the Barclays app.

10) Follow the on screen instructions to authenticate via the Barclays app, entering the 8 digit code displayed on your mobile. Press ‘Submit Payment’.

What you can't do with Barclays bank

Payment restrictions

• You can't send bulk international payments: Barclays only supports GBP payments to GBP accounts based in the UK.
• Payee limit per bulk payment: Each bulk payment must include between 5 and 50 payees. You cannot create bulk payments for fewer than 5 or more than 50 payees.

Account limits

• You can't send more than £100,000 in one day: Your daily limit covers immediate transfers, bill payments, future-dated payments, standing orders, and international payments set up that day (even if paid later). Direct Debits aren’t included in your daily limit. So if you need to process a payroll of £130,000, you'll need to do that over 2 days.
• You can't send a payment over £50,000: The individual payment limit is set to £50,000.

An easier way for Barclays business customers to make bulk payments

Barclays' bulk payments service is only really suitable for small to medium businesses, as stated on their website. Due to limits on payment amount, number of payees, and where money can be sent. This makes it less suitable for businesses with a large number of employees or suppliers.

Solve this by using Barclays bank with Telleroo. Barclays is the most popular bank amongst businesses using Telleroo. Simply top-up your Telleroo account with funds from your Barclays account.

👉 Check out the clickable walkthrough 👈

Solving payment restrictions

• Send bulk international payments: When you connect Telleroo to your Xero account, you can send bulk payments in Euro, US Dollar, Australian Dollar, Canadian Dollar, Singapore Dollar and Swiss Franc. You can also upload bulk payment files for 25 different currencies.
• Send to more than 50 payees: With Telleroo, you can send to thousands of payees in one go.

Solving account limits

• Send more than £100,000 in a day: There is no daily limit in Telleroo. When you sign up, we'll ask you for estimates on how much you think you'll send per month. This will create a monthly limit, which you can request an increase to at any point.
• Send payments over £50,000: You can send bulk payments totalling over £1 million. Please note, that anything out of the ordinary for your account will be flagged for compliance checks.

🚀 Make bulk payments without the pain - sign up to Telleroo here 🚀

Have a go at creating a bulk payment in Telleroo with a clickable walkthrough: