I originally didn't include "UK" in my post, but then realised that my knowledge was only of UK banks and that like direct debits it may be a country specific thing.
No no, it was actually sincere. I think that the UK's financial ecosystem is far more advanced than ours in the US... Money transfers are faster, more secure, and there's more of a general sense of progress...
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With email? Not that I can think of.
But with regular payments? Yes, most UK banks offer batch payment facilities to business customers in the form of a CSV interface.
It's how a lot of wages are processed. The wage/accounting tool produces a batch payment file, and the bank just processes it.
If only the US banking system was as advanced as Europe's...
I don't know whether that's sarcasm or not.
I originally didn't include "UK" in my post, but then realised that my knowledge was only of UK banks and that like direct debits it may be a country specific thing.
No no, it was actually sincere. I think that the UK's financial ecosystem is far more advanced than ours in the US... Money transfers are faster, more secure, and there's more of a general sense of progress...
Except for that one bank that managed to not be able to run it's nightly batches for nearly a month earlier this year. (RBS I think?)
FWIW, CSV upload for ACH payment is a typical feature of online banking for business accounts in the US.