Banking for Payroll and Umbrella Companies
Open compliant multi-currency IBAN accounts for high-volume pay runs. Fund accounts, manage FX, issue virtual and physical cards, and run bulk contractor payouts by API.
Run payroll operations at scale with banking for payroll and umbrella companies. Receive client funds into IBAN business accounts, allocate sub-accounts per client, convert FX at transparent rates, and automate bulk payroll payments with our payment API. Use corporate cards for expenses, plus maker-checker approvals and real-time reconciliation.
The Challenge of Banking for Payroll Operations
Payroll and umbrella companies manage thousands of transactions every week – payments to contractors, taxes, and suppliers that must move without delay. Yet traditional banks often treat these high-volume pay runs as risky. Accounts are frozen, payments are held for review, and manual compliance checks create unnecessary downtime.
The result? Delayed payouts, disrupted cash flow, and frustrated workers – issues that modern payroll businesses simply can’t afford.
Problems We Solve
Legacy Banks - Payments Delayed or Blocked ?
Fast, risk-aware EMI accounts with preset rules for recurring batches and instant clearance.
Cumbersome Bulk Uploads & Failed Beneficiaries
CSV or API batch payouts with IBAN and sort-code validation for error-free transfers.
No Visibility Over Approvals or Sender Activity
Maker-checker controls, user permissions, and audit logs to track every payout.
Slow Reconciliation with Invoices and Payroll Files
Virtual sub-accounts and payment references are auto-matched to your system.
Ready to Open an Account?
Banking Functions
Bulk Payouts
Upload CSV or integrate via API to pay hundreds or thousands in a single click.
Multi-Currency Accounts
Hold and receive GBP, EUR, USD, and other major currencies with dedicated IBANs.
Corporate Cards
Issue physical and virtual cards for ops and expense control.
Payments API
Automate accounts payable and payroll runs directly from your platform.
User Roles & Approvals
Custom permissions with maker-checker workflows by role and transaction value.
Reporting & Webhooks
Real-time alerts, reconciliations, and exports for your accounting system.