Bulk Payment Upload

Bulk payments are a great option to send a high volume of payments quickly, through Levro. Instead of initiating payments one at a time, you can leverage excel to initiate a large number of all at once. To start, you’ll need to make sure all of the recipients have been added to your Levro account. From there, you can download a template with every Recipient’s unique Levro ID and the necessary/required columns. We break down the process step by step below, as well as in our demo video.We generally recommend completing your first bulk payment upload with one of our team members to be there to answer any questions. As an Administrator, Reviewer or or Accountant click Pay then Upload Multiple Payments in the right hand corner.Click Download Payments Template - this will list all of your recipients. You can save this for future use, but note that any time you add a new recipient, you will need to download a new template.Fill out the required fields - these fields match the payment fields when doing a single payment with Levro. Feel free to delete rows that aren't relevant for your payments you want to send out, but don't delete the columns. A few important things to keep in mind -Source and destination currencies: You only need to enter one amount between the source and destination. We will calculate the conversion. However, you cannot change the currencies here.We only support bulk payments that originate in USD, while destination currency is set when you add the recipient.Method: the options are local (ACH, Sepa, etc) or swift for wires.Cover Wire Fees: the options are yes or no for this column. Entering yes will add a fee on top of the payment amount so that the recipient is not charged wire fees by their bank. If you leave this column blank, the wire fees will not be coveredReason and Reference: Only one of these fields needs to be filled out. These columns are free text. Some payment methods have character limits on reasons and reference descriptions, so we do advise to keep them short.Purpose Codes: This field is only required for certain countries (Bahrain, UAE, India, China, Malaysia) or currencies (CNY) will require a purpose code to be set. Please contact [email protected] for specific instructions for these countries and currencies.Once you are satisfied with the changes, click on the "Save and Finalize" buttonOnce the template is filled out, go back to the Levro dashboard and click Start Bulk Payment Upload. Upload the filled out or partially filled-out template.In the column mapping step, make sure the top row (with the column names) is highlighted so that the columns get mapped correctly. On the next screen, it will ask you to confirm that the columns match the relevant fields in Levro.In the validation step, fix any errors that are highlighted. Common errors This will be your last chance to edit the payments. Once you are satisfied with the changes, click on the "Save and Finalize" button.You can see which payments will be sent out by checking the "valid" tab in the uploaderYou will be brought to a confirmation screen that shows all the payments that will be sent out and the totals in each currency at the bottom. Click Submit for Approval to finalize the payments.All bulk payments must be approved. If you have full access to do so, go to the Approvals page to review and approve the payments. If not, your account administrators will be notified that there are payments to review.