Are you familiar with bulk transfer? Yes, that Qonto feature that enables you to send up to 200 transfers at once by uploading a simple .XML file… As it turns out, .XML may not be so simple after all. We have been listening to your needs and are now offering another file type for sending bulk transfers: say hello to .CSV!
🙌 Make way for simplicity
For those of you who use bulk transfers already (and there’s a lot of you), the secret is out! Save time, improve consistency, and minimize errors; enjoy a long list of advantages, whether paying your suppliers, your employees, or anyone else for that matter!
The advantage of .XML is that most payroll and accounting software enable you to download files in this format in one click. Simply download the file, and voila! All that is left to do is upload it to Qonto!
But for you DIYers out there, the .XML file requires a bit (or a lot) of training. With the .CSV file, you can accumulate all of your transfers for the week or month (for suppliers or other beneficiaries) in a single file, without having to be an expert in a specific tool (Excel will do the trick). Once the file is ready, simply upload it to Qonto and let it work its magic!
🤓 How does it work?
Go to the Transfers section of your Qonto app:
1 - Click on Create transfer from the Transfers section
2 - Choose the option Bulk transfer in euros
3 - If you do not use payroll or accounting software that generates an .XML file, we recommend the .CSV file format 🎉
4 - Download the template we created for you, and simply fill in the information for each transfer you want to send in one click
5 - Upload the completed .CSV file
6 - Double check the transfer information. (You even have the option to schedule the transfer for a later time if you’d like!)
7 - Confirm the bulk transfer, and you’re done!
Give it a try and let us know what you think about this new feature by sending your comments to firstname.lastname@example.org ! If you have suggestions of other file formats that would make your life easier, we would love to hear them!
Until next time ❤️
The Qonto team