Pay Multiple Bills in One Easy Entry
You can pay bills to multiple Recipients with external bank accounts or SWiM PAY wallets all on one convenient input screen. Batch payments streamline this process, making it efficient and effective for businesses. The Recipients must already be on your list and we bring them all up automatically. You choose the one to pay.
Bulk payment services offer significant benefits such as time savings, cost efficiency, and reduced errors compared to manual processing. Or you can instantly pay bills to other SWiM PAY clients by using our Bulk wallet-to-wallet payment feature.
INSTANT PAYOUTS
If both you and the person you wish to pay have a SWiM PAY account you can pay by wallet-to-wallet transfer and the payment goes through instantly.
BATCH PAYMENTS FOR UNLIMITED PAYEES
On our Bulk payments facility we automatically list all of the Payees you have put on your list. You then decide which ones to pay and how much etc.
AUTO FOREIGN EXCHANGE CONVERSION
For payments to external bank accounts we have a great feature that lets you auto-convert from another currency wallet if you don't have enough in the currency you want to pay out.
SAVE AND CONTINUE
A great feature of our Bulk Payments is that you can save where you are up to and return to finish the payments later, at your convenience.
PAY OUT IN 49 CURRENCIES FOR LOCAL & INTERNATIONAL PAYMENTS
You can pay out in any of the 49 currencies we have available on SWiM PAY, if you have funds in your account.
PAY TO 190 COUNTRIES
You can make payments to your customers in over 190 countries, in any of our 49 currencies, if the recipient has an account for that currency.
Bulk Payments are for when you want to pay more than on Recipient at the same time. Or pay multiple amounts or invoices for one Recipient.
Click Bulk Payments on the main menu.
On the Bulk Payments screen you will see two blue action buttons at the top:
- Bulk Payments to Recipients with an external bank account
- Bulk Payments to Recipients who have a SWiM PAY Wallet.
This screen automatically lists all the Recipients with external bank accounts that you have added to your External Recipients list. This means that they don't have a SWiM PAY wallet and you are going to send a payment to their bank account.
Bulk Payments Sample Input Screen
Using a bulk payment file enables businesses to make multiple payments efficiently through a single document that lists beneficiaries and their account details.