NatWest’s online banking allows businesses to send bulk payments. This guide covers who can access bulk payment features, how to use them, the limitations of NatWest’s platform, and practical ways to work around those restrictions.
To make bulk payments via NatWest, you require a business bank account using either Online Banking or Bankline.
How to send bulk payments with NatWest bank
Log in to Online Banking or Bankline (a paid service).
From the main menu, select 'Payments and transfers'.
Select the account you want to pay from.
Under 'Select who to pay,' choose 'Make a bulk payment.'
Follow the on-screen instructions until you see the confirmation page, which will confirm that your payment is complete or scheduled.
What you can't do with NatWest bank
Payment restrictions
You can't include more than 25 payments: Each bulk payment has a limit of 25 payments.
Account limits
You need a Bankline account: To access full functionality, including approvals, importing payment files and higher limits, you need to pay for a Bankline account.
You can't send more than £50,000 per day: Daily payment limit for the Online Banking Business account is £50,000. However, you can increase this when you pay for Bankline.
You can't send more than £50,000 per transaction: A Faster Payment cannot exceed £50,000 for Business accounts. Those using Bankline have a limit of £1 million.
Limitations when creating payments
You can't include a new payee: You must have made at least one payment to the recipient before you can include them in a bulk payment.
An easier way for NatWest customers to make bulk payments
NatWest imposes specific limits on the number and value of payments you can make, and payments are restricted to existing payees only.
Solve this by using NatWest with Telleroo. NatWest is the 7th most popular bank amongst Telleroo customers.