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Sending and receiving money
To whom can I send mass bank transfers?
Mass bank transfers are useful anytime you need to pay to a group of recipients (personal or business entities) at once. These payments can be related to:
- Paying salaries and other bonuses to your employees;
- Paying fees owed to contractors, freelancers, and consultants;
- Paying suppliers;
- Sending payouts to your clients for cashback, promotions, or winnings;
- Any other regular expenses of your company.
You can read more about how to pay salaries to your employees easily via our 'Payroll' module here.
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