You can pay several supplier invoices in a single action using your linked bank accounts without topping up your Banqup Business Account manually. This feature offers the same convenience already available when paying multiple invoices with your Banqup Business Account, but now also works directly with your external bank.
Why pay invoices in bulk
Pay multiple invoices in one transaction
Avoid logging into your bank for each invoice individually
Reduce manual work and the risk of forgetting a supplier
Automatic distribution to multiple suppliers without extra steps
How it works
When you select multiple invoices and choose a linked bank account as the payment source, Banqup processes the payments in a few steps:
The total amount of the selected invoices is debited from your bank account.
The collected amount is credited to your Banqup Business Account.
The money is then distributed to each supplier’s bank account based on the invoices you selected.
This ensures suppliers are paid correctly, even though the payment was initiated in one action.
What you’ll see in your transactions
Because the payment happens in two phases, you will see:
One debit on your external bank account (for the total amount)
One credit on your Banqup Business Account (for the same total amount)
Multiple outgoing payments from your Banqup Business Account to the individual suppliers.
This is expected and indicates the payment flow is working normally.
Why the money doesn’t go directly to suppliers
Most banks do not support bulk payments for multiple invoices in one transaction.
To make bulk payments possible, Banqup temporarily collects the funds on your Banqup Business Account and then distributes them to the suppliers automatically.
This also allows Banqup to confidently update the payment status of your invoices in Transaction Radar.
When funds reach suppliers
After you authorise the payment with your bank:
The transfer from your bank to Banqup depends on your bank’s processing time (usually 1–2 business days)
Once the amount reaches your Banqup Business Account, the payouts to suppliers typically take up to 1 business day.
The whole process generally takes 2 business days to complete, exceptionally up to 3 days.
FAQ
Will invoices be marked as paid right after authorisation?
The status updates as funds move through the process. They are marked as paid once the transfer to suppliers is completed.
Does this mean I don’t need my Banqup Business Account anymore?
No. Your Banqup Business Account is still part of the process because it enables the redistribution of funds to suppliers.