If you currently have your own IT process that uploads your payment data into our Bulk Payment Template, you'll need to make some changes. This includes adding the extra column. To help you with this, please take a look at our example template - New Bulk Payments Template (xls).
Bulk payment requests might take longer to complete at first as all new payees will need to be confirmed. For example, if you are paying 10 new payees, you will need to confirm these during the setup process. However, when you pay those 10 payees again, as they'll already be confirmed, it won't take as long. Whilst this will take more time at the start, you'll have greater assurance that the payments you are sending are going to the right account holders.