Multiple Payments

Multiple Payments

Through Multiple Payments you can upload files and perform bulk payments, quickly and efficiently
You can upload files for Bulk Payments, either for Payroll payments or Mass transfers. Such payments can be executed both within and outside Cyprus.
The available transaction types are:

  • Transfers between Customers’ own Accounts
  • Transfers to Third Parties within the Bank
  • SEPA Payments
  • SWIFT Payments

In early 2023, our Multiple Payments Service will be upgraded and along with that we will be using the latest version of ISO20022 PAIN.001.001.09 .xml file for both Payroll and Multiple Payments. You can find a sample here and for Payroll here. This is a European Standard and you can click here  to find a User Manual for this purpose. Once you complete the preparation of the file, you can use the link to check and validate the file.


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