Creating bulk payments
Step 1
Login to your Verto account at https://exchange.vertofx.com
Step 2
Hover over the left hand sidebar, and click Payments.
Step 3
Click the Send bulk payments button.
Step 4
Click Add new bulk payment.
Step 5
Choose the currency and wallet from which you would like to pay.
Note: if you choose to send to beneficiaries in a different currency, the money will be automatically converted to the beneficiaries' currencies and sent from the wallet you choose here.
Step 6
Click the here link to download the template. You can also click here to download it.
Step 7
Open and fill in the template. You will need to enter:
Beneficiary references (required) - these begin with "RP" - find these by hovering over the right hand sidebar and clicking Beneficiaries. You can also export and download these references in a CSV from the Beneficiaries section. If you need to create beneficiaries in bulk first, click here to learn how to upload beneficiaries using CSV.
Amount (required) - the amount you want the beneficiary to receive, in the currency of the beneficiary
Reference (optional) - the reference which you want the beneficiary to see on their statement when they receive it (this does not always pass through to the beneficiaries' bank statements).
Save the template. Drag it into the Import file area, or click the blue here link to choose and upload the completed template. Then, click the Upload button.
Step 8
Once all payments are uploaded successfully (you'll be told if there are issues with the template), click the Continue button.
Step 9
Confirm the amount, and click Continue.
Step 9
Choose the purpose of payment, and click Continue. Enter any authentication codes/MFA needed, and your payments will be processed. Payments may require second approval if you have this setting on your account.
Ready to start?
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If you have additional questions please reach out to us via live chat, Chat with Frank or at support@vertofx.com