Bulk payment runs have traditionally meant either further resource or increased protocols to mitigate flaws in legacy banking platforms. Whether this be a limit of single payment capability or multiple checks on beneficiary details, both lead to time and cost inefficiencies within the payment process.
Our partners payment platform encompasses a bulk payment solution. We provide a template that allows data to easily be imported from an ERP or manually updated, before being uploaded and screen checked by the system for any potential error. This allows clients to process thousands of payments with significantly reduced risk of non-delivery. The platform caters for multiple-currency and offers cost and time improvement against industry peers.
Our systems incorporate a “Check & Fix” software, letting you know if there are errors in the payment credentials prior to submitting the file for processing. This allows our clients to either adjust the template to send or send the remaining payments whilst the error is queried. This ensures optimum efficiency and minimal returns/rejections on your payment runs.
Regular payment templates can also be saved to your account, with the ability to edit the amounts and other sensitive information if required. This avoids the need to repeat the initial upload process.
Please contact us to discuss any financial services we can help you with. One of our team will respond within 48 hours:
Sitting between our clients and liquidity providers, we operate as an aggregator of financial services across the foreign exchange, payments and banking sectors.
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Sitting between our clients and liquidity providers, we operate as an aggregator of financial services across the foreign exchange, payments and banking sectors.
Revex Foreign Exchange
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Payment services for Revenue Exchange Limited (non-MiFID/no card products/no investment products) are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).(https://www.currencycloud.com/legal/terms/)
Payment services for Revenue Exchange Limited (non-MiFID/no card products/no investment products) are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of an electronic-money institution (Relation Number: R142701).
The Global Currency Exchange Network Limited (GC Partners) Global Currency Exchange Network Limited (GCEN). GCEN is authorised by the Financial Conduct Authority (FCA) under the Payment Services Regulations 2017 for the provision of payment services. Firm Reference Number 504346. The FCA register can be viewed at https://register.fca.org.uk
Revenue Exchanges’ Payment and Foreign Currency Exchange Services are provided by Ebury Partners UK Limited. Revenue Exchange is partnered with Ebury Partners UK Limited as a Programme Manager. Ebury Partners UK Limited is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Financial Services Register No. 900797).” Ebury Partners UK Limited is registered with the Information Commissioner’s Office, with registration number: ZA345828.