How to create and upload bulk transfers

How do I apply? 

1. Please contact your delegated Relationship Manager or Submit a Request to expresses interest in the feature.
2. Once submitted, we will review the request and enable the feature on your MoneyMatch account
3. We will inform you once it is activated and you can start making bulk transfers!

How do I get started?

This guide will help you get started with bulk payments, a tool that lets you create and send multiple transfers with one payment by simply uploading a CSV file. 

You may download the new bulk templates here:

Preparing the Bulk Payments CSV File

Pro tip! Please ensure the Format Cells are in "Text" format before any editing.

When you create the list of transfers to be uploaded, please ensure to prepare your CSV file.

The following table lists the fields and values you have to include in the file.

Field Name	Mapped Options	Example
benefactor_account_ref_no	You can choose the bank account you wish to pay from for the bulk transfers. You will need to add the sender bank account in advance to get the unique ref no to be included in your CSV file. Note: To locate the ref no. for the field, go to Bank Accounts Management and select Bank Accounts. The ref no. appears under Account Ref column. See ( How to add Sender Bank Accounts).	00000000000LOYW
purpose_of_transaction	You can choose from two options: PAYMENT_OF_GOODS_AND_SERVICES SALARY	SALARY
source_of_funds	You can choose from four options: ADDITIONAL_INCOME BUSINESS_INCOME RETAINED_EARNINGS PAID_UP_CAPITAL	BUSINESS_INCOME
sending_currency	Note: This is a Fixed Value. Please do not change the value here. MYR	MYR
receiving_currency	Note: At the moment the feature is only available for the following currencies :  INR, IDR, PHP, SGD, BND, VND THB, USD, BDT	PHP
receiving_amount	Please provide the amount that you are sending to the beneficiary	300000
fee_bearer	Note: This is a Fixed Value. Please do not change the value here. SENDER	sender
additional_remarks	Please provide any additional remarks for the order	payment for invoice
notes	Please provide the note for your beneficiary. e.g. your invoice number	invoice #49234
relationship	You can choose from four options: CUSTOMER EMPLOYEE FREELANCER VENDOR	EMPLOYEE
beneficiary_type	You can choose from the following options: If you are sending to a bank account of an individual PERSONAL If you are sending to a bank account of a company or business BUSINESS	PERSONAL
beneficiary_bank_account_number	Please provide the beneficiary bank account number in the correct format	5324523452345
beneficiary_bank_account_title	Please provide the beneficiary account name as per their bank account title	Adam Johnson
New Field beneficiary_bank_country_iso	You can choose from the following options: Country ISO Bangladesh BD Brunei BN India IN Indonesia ID Philippines PH Singapore SG Thailand TH United States US Vietnam VN	PH
beneficiary_bank_account_bank_id	For every beneficiary bank available, it has a unique Bank ID number. e.g 404 for EAST WEST BANK in the Philippines. Note: To locate the ID of the beneficiary bank, see : - India Bank ID - Indonesia Bank ID - Philippines Bank ID - Singapore Bank ID - Brunei Bank ID	404
beneficiary_bank_account_swift		EWBCPHMM
beneficiary_name; beneficiary_company_name		Adam Johnson; ABC Company Ltd
beneficiary_email		adamjohnson@moneymatch.co
beneficiary_identification_type	For Individuals, You can choose from five options: NRIC GOVERNMENT_ISSUED_ID PASSPORT DRIVERS_LICENSE PR For Business, there is only one option: BUSINESS_REGISTRATION_NUMBER	NRIC
beneficiary_identification_number; company_registration_number	Please provide the beneficiary's ID number	26546456456
beneficiary_phone_number; owner_phone_number	Please provide the beneficiary's phone number	9283492834
birth_country	!! This is only required for transfers to the Philippines! PH	PH
birth_city	!! This is only required for transfers to the Philippines! Kindly provide the Birth City.	Manila
regency_code	!! This is only required for transfers to Indonesia!  Regency (kabupaten, or KAB.); or Kota.  e.g. 1101 for KAB. Aceh Selatan. Note: To locate the regency code, see Regency Code List	1101
home_address; business_beneficiary_address	Please provide the beneficiary's address	Citibank Centre Building, Makati, Metro Manila , Philippines
home_city; business_beneficiary_city	Please provide the beneficiary's address	Manila
home_postal_code; business_beneficiary_postcode	Please provide the beneficiary's address	492349
home_country_id	Here are the home country ID according to the corridors: Corridor home_country_id Bangladesh 16 Brunei 40 India 4 Indonesia 12 Philippines 13 Singapore 2 Thailand 17 United States 8 Vietnam 9	13
New Field business_beneficiary_country_iso	You can choose from the following options: Country ISO Bangladesh BD Brunei BN India IN Indonesia ID Philippines PH Singapore SG Thailand TH United States US Vietnam VN	PH
New Field payout_method	currently, we only allow for account credit transfers to bank accounts ACCOUNT_CREDIT	ACCOUNT_CREDIT
New Field paynow_id_type	!! This is only required for transfers to Singapore!  Identification Number	Identification Number
New Field paynow_id_value	!! This is only required for transfers to Singapore!	123456
New Field branch_name	!! This is only required for transfers to India!	Chennai
New Field branch_code	!! This is only required for transfers to India!  IFSC Code	BKID0008000

Once you have prepared the file, you may proceed to the next step to upload and create the orders!

 

Upload and Create your Bulk Transfers (Pulse)

Here is a step-by-step guide on how to upload your bulk transfers with MoneyMatch!

1. Select "Bulk Upload" located on the left part of your dashboard under "Transfer"
2. Attach the CSV file that you have prepared to upload and click on "Submit"
3.PULSE will validate the file, you may check status at the bottom left
*You may proceed to perform other task while the PULSE validate the file

3a. You may also check the status under "ACTIVITIES" at the Left Menu
4. The status will change to "CONFIRM" once it is has done validating
5. You may see the file has been uploaded in Activities, and proceed to upload invoice as well as proceed with the Payments for this bulk order!
6. Upload the invoices for each order created You will be redirected to the Activities page to upload the invoices for your new orders. Select Action Required from the Status shown to upload the invoices.

7. Proceed with payment
Select "Pending Payment" from the navbar to calculate the total payable amount .
Then, select "Proceed with Payment" to pay for multiple orders at once via FPX.


Alternatively, You may also make a manual payment via DuitNow or Bank Transfer (e.g. Instant Transfer/ IBG / RENTAS / Over the counter) from your company bank account. However, kindly upload the payment receipts once the payment is made.

And you're done! Once the order is created, you can track the status of your order on your MoneyMatch Dashboard. See How can I track the status of my company's transfer

Your order will be processed internally by our compliance and operations team. 

Kindly note that our operational hours are from 9.00am - 5.00pm (closed on Weekends and public holidays). This means we will not process orders/ review documents outside of our business hours.

Orders are only processed by MoneyMatch once full payment has been made and all Compliance checks have been completed. Once processed and set "In-Transit", transfers may take up to 1-2 business days to reach the recipient, subject to bank and public holidays in both the sender and recipient's countries.