Batch transfers
Manage high volumes of transactions via batch transfers
Companies can efficiently streamline large-scale C2B2C transactions with Genome's batch transfer feature. This method allows companies to handle multiple transactions simultaneously, whether accepting deposits via open banking platforms or processing payouts. This is especially valuable for industries where managing high volumes of deposits (C2B), withdrawals (B2C), and payouts are critical to operations, like in iGaming, marketing, e-commerce, subscription services, travel industries, and more.
Get notified about clients' payments
C2B payments are easy to track - with Genome's advance notification system. Be aware of each pay-in a client makes in real-time. Try it for yourself - experience a transparent, up-to-the-minute view of incoming funds.
Batch transfers
There are two ways to send mass payments via Genome
Via Genome
Get access to the batch payout system. Upload or create a payment .CSV or .XML file ( examples included ) to make the batch transfer.
Use API
Use the payout API from our documentation page. Choose the Payout via SEPA tab for more information. Learn more about API payouts here.
Batch transfers
Easy deposits via banking platforms
By accepting deposits via open banking platforms, businesses can leverage direct bank transfers for a faster, more secure, and cost-effective payment process. Open banking allows customers to initiate payments directly from their bank accounts, reducing intermediaries and minimizing delays associated with traditional payment gateways. It results in quicker deposit times, improving the user experience and helping businesses maintain a steady cash flow.
Genome business
How to apply for a business account
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Additional Services
Discover more Genome services for your business
Unlock SWIFT and other international transfers
Business wallet users can access international transfers and send funds to partners and contractors around the world! SWIFT, BACS, CHAPS, Faster Payments, and TARGET2 payments are available.
Corporate card
Card for your corporate and marketing expenses in slick black matte finish with additional security layer.
EU SEPA transfers
A better way to send or receive money if you live, work or run your business within the Eurozone.
Genome Business account
Fully functional business account: send and receive international payments, share access, schedule transfers.
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What is the best way to transfer a large amount of money?
Sending huge sums of money to different people and accounts is easy if you have access to batch transfers. Using Genome, you can make these mass payments via SEPA Credit and Instant Transfers, as well as Genome's internal transfers. All you need is to start a business account within our electronic money institution. The onboarding is quick and takes place online.
Is there a limit to the amount of money you can transfer?
Some banks and payment service providers might have limitations as to how much money can be sent via the batch transfer. Genome has no limits when it comes to these transfers, just make sure you have enough money in your dedicated IBAN business account. Using our batch transfer feature, you can send up to 3000 payments at once!
How long does it take to transfer a large amount of money?
Within Genome, the amount and sums of batch money transfers do not influence the time it takes to complete them. If the batch payments are made via the SEPA Credit Transfers, it takes up to 4 hours or the next business day to complete these, depending on the time they are made. You should also take into account weekends and holidays. If the payment was made using SEPA Instant Transfers, it would reach the beneficiary within seconds.
How do I get the best exchange rate for large amounts?
Banks and payment service providers generally have different exchange rates for money transfers, and you can find the best one by comparing them.
How do I automate incoming and outgoing payments?
Automation of incoming and outgoing payments can be efficiently handled using the Genome API, which provides businesses with tools to streamline financial transactions.