You can initiate up to 400 transfers at once by uploading an .XML file formatted according to the ISO 20022 standard.
Guidelines for XML files are available in the web app when setting up a bulk transfer.
💡 Good to know: it is possible to send bulk transfers instantly, but please note that we cannot guarantee that all transfers will be processed this way.
💡 This feature is available from the Basic plan onwards.
Most payroll management solutions (such as PayFit) as well as common accounting tools allow you to automatically generate this type of file.
To perform a bulk transfer using an .XML file, simply follow these steps:
1. Click on Business Account in the left-hand menu of your web app.
2. Click on Transfers, then on Make a transfer.
3. Select SEPA bulk transfer in euros → Upload a file.
💡 If you want to automate payments with an API or payroll software, click on "Connect integrations" and follow the instructions.
To find out which integrations are supported and how to connect them to Qonto, check out this article from our help centre.
4. Click on the XML file guidelines link; you will be redirected to this article, here is the XML file link.
5. Once your XML file is exported, select it from your computer by drag and drop or click on the drop zone to upload it.
💡 An error message will appear if there is a problem with the format or content of the file, specifying the issue encountered.
6. Click Continue once your file has been uploaded.
7. The web app will prompt you to Review the transfer details.
You can check the transfer details and make any necessary changes for each beneficiary in your uploaded file before clicking Continue.
💡 Any missing or invalid data will be highlighted in red with a brief description of the issue.
8. Select the account to be debited and, if you wish, schedule the transfer before clicking Continue.
9. Take a final look at the summary and check that everything is correct before clicking Confirm.
💡 If you have set up Strong Customer Authentication (SCA) on your account, you will receive a confirmation request on your linked phone.