How to send bulk payments with Revolut

If you're wanting to make a bulk payment, you can do so directly using your Revolut account. Here's a guide to the bulk transfer feature, its limitations and how to overcome them.

Contents:

• Who can access bulk payments in Revolut
• How to send bulk payments with Revolut
• What you can't do with Revolut
• An easier way for Revolut customers to make bulk payments

Who can access bulk payments in Revolut

To send bulk payments via Revolut, you require an account with a paid subscription; these are Grow, Scale or Enterprise plans.

How to send bulk payments with Revolut

1. Log into Revolut.
2. Select 'Transfers' from the main menu.
3. Click 'Send bulk'.
4. Add payees by selecting them from your existing recipient list or uploading a CSV file.

Within 'Bulk Payments' you can find CSV templates from Revolut.

What you can't do with Revolut

Payment restrictions

• You can't send a payment over £250,000: Individual payments, whether single or part of a bulk payment, cannot exceed £250,000. This limit is fixed and cannot be changed.

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.
• Payments can't be sent to payees with only one-word names: Payee names must include at least two words, which affects payments to one-word business names.

Limitations when sending payments

• You can't authorise payments from your mobile: To authorise bulk payments, you will need to log into Revolut on your desktop.

An easier way for Revolut customers to make bulk payments

Revolut's bulk payments feature falls short for larger businesses due to its rigid, unchangeable payment limits.

Solve this by using Revolut with Telleroo. Revolut is the 8th most popular bank amongst Telleroo customers.

👉 Check out the clickable walkthrough 👈

Solving payment restrictions

• Send over £250,000: With Telleroo, you can send payments over £1 million.

Send to new payees

• Include new payees: You can include new payees in a bulk payment. We'll check their details against the bank account for you.
• Send payments to companies with one-word names

Solving limitations when sending payments

• Authorise payments from your mobile: With Telleroo's mobile app, you can approve, fund and send payments on the go.

🚀 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: