SEPA Instant Bulk Payments
SEPA Instant Bulk Payments are now available for business customers. Please view SEPA Instant Bulk Payments for more details, including guidance on deciding whether this service is suitable for your business needs and how to apply.
Important upcoming changes to bulk payments
Verification of Payee
Verification of Payee is an added security measure that lets you check the name on the account you are paying before making a payment.
For bulk payments this Verification of Payee service will let you check multiple payees through a portal which is provided by SurePay.
You'll need to register for access to the SurePay portal. For more information on how to register visit Verification of Payee.
ISO 20022
ISO 20022 is the new standard for payments and will help to improve the efficiency of your payments.
Your payment files must be in line with ISO 20022 Version 9 for SEPA Credit Transfers and Multi-Currency files and Version 8 for SEPA Direct Debit files by November 2026 for your files to be processed.
Bulk SEPA Instant Payments, when available, will use ISO 20022 Version 9 to process.
Find out more about ISO 20022.
Bulk Payments Q&As
- How do I set up bulk payments?
- What are the different types of bulk payment files?
- What is an Originator Identification Number (OIN)?
- What is a file specification?
- Are there fees for making bulk payments?
- Can I schedule bulk payments?
- How do I upload a bulk payment file?