How to bulk upload and verify beneficiary bank details?

When you have a large number of bank accounts to be verified, you can use the bulk ‘Bank Account Verification’ feature to verify all the accounts in one go.

To do a bulk bank account verification, you need to upload a .csv file that contains all the details of the bank account which has to be verified. The details required are

  • Name of the account holder

  • Phone number of the account holder

  • Bank account number

  • IFSC

To upload a file for bulk bank account verification,

  1. Go to Payouts Dashboard > Bank Account Verification > Bulk BAV > click UPLOAD FILE. Download the sample file to see the format in which you have to provide the details. The file will get rejected if the format is incorrect.

  2. Fill in the details and save the file.

  3. Click CHOOSE FILE to select the file with all the details, and click Upload.

Once the file has been successfully uploaded, you should be able to view it in the Bulk BAV section. You have the option to view each entry added in the file and also download the file. The maximum number of entries allowed per file is 1000. Contact your account manager if you want to add more entries to the file.

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