If you’re running a business and need to make several payments in one go, our Bulk Payments feature is for you. It can be used for payroll, reimbursing staff for expenses or paying suppliers - pay multiple people through one simple system.
The new Bulk Payments feature is available to limited companies with a Starling business account and can be accessed through our Online Banking web browser. For a limited time only, new subscribers can use Bulk Payments for free during their first month. After that, the feature costs £7 per month (VAT exempt) per business account. Bulk Payments is an optional add on, there are no monthly fees for Starling’s standard business accounts.
How bulk payments can help
The Starling Bulk Payments feature is designed to save Starling business customers time and effort when making payments to multiple recipients.
The feature enables you to enter different amounts for each recipient and you don’t need to set them up as a payee before including them in a bulk payment. Simply (but carefully!) enter payee details and the amount you want to pay them into our .csv template. Then upload, review and confirm.
“It’s time saving and has a lower risk of error than entering the payment details manually,” says Paul Freestone, one of the directors of consultancy ChangeNet Solutions. “We can effectively copy and paste what our accountant provides us, rather than typing in the various amounts that need to be paid.”
ChangeNet Solutions opened a Starling business account in 2020. It works with large global companies to support them with strategic changes to their business. ChangeNet Solutions has 30 staff members. “Payroll previously took about an hour. Bulk Payments means it takes around a quarter of that time.”
Each month, you can use the Bulk Payments feature to make up to 250 payments. For example, you could organise your monthly payroll for 200 employees and make weekly payments to 10 suppliers. The number of remaining payments you can make that month with Bulk Payments is shown on your Online Banking dashboard.
How do I subscribe?
Existing Starling business customers with a limited company account can subscribe by going to the Subscriptions section in the main menu of their Starling app.
Those who are new to Starling can download the app, apply for a business account and sign up for the Bulk Payments feature once the business account is verified and open.
The Bulk Payments feature is only available for UK business accounts, not euro or US dollar business accounts. If you have multiple UK business accounts for different businesses you will need one subscription per business.
How do I make a bulk payment?
Once subscribed, you can make a bulk payment by logging on to Online Banking on your laptop or desktop, heading to the Payments section in the left menu bar and selecting Bulk Payments.