Admin and Finance users have the ability to submit both local (Via FAST or Giro) and FX batch payments from the Aspire SGD account.
How to submit batch FX payments
Send INR, USD, IDR, MYR, EUR, PHP, AUD, THB and VND transfers in batch from your SGD account by following the video guide below or following the steps by steps underneath it.
1. Under Frequently Used Actions, click "View all actions", then select "Make batch payment".
2. Start creating your batch payment
Choose SGD as your Source account
Check the "Mark as Payroll transaction" box for payroll tagging. This ensures that users without payroll permission cannot view individual transactions or the total transfers made. To learn more about payroll permissions, refer to this article.
Choose "FX Payment"
Link your batch payment transfer to a budget (optional)
Choose a category for your batch payment transfers (required)
3. Click "Download SGD FX Template" and make a copy of the file. If you can't access the batch payment template, download the CSV file attached at the bottom of this article.
4. Fill out the SGD FX batch payment template by referring to this guide.
5. Once done, you can download the copy to your device. When downloading Aspire's SGD FX template, you may select the CSV format.
6. Click on "I have already filled the template" and upload the downloaded copy of the SGD FX Batch Payment template. You can also edit the uploaded batch name.
7. Next, review the matched Aspire fields with your .CSV fields
8. Choose the amount to fix in case the exchange rate changes before approval, then click “Review”.
9. Next, review your batch payment transfer. You can review the successful transfer list by clicking "Show list"
Notes:
To see unsuccessful transfers, click
To correct the errors, you can make adjustments to your .csv file and re-upload it. Amending the transfer details directly in Aspire is not available yet.
The batch payment transfers will also follow the transfer approval policy that has been set in place (if any). In this scenario, the approvals needed are determined based on the total amount included in the CSV file, NOT based on each individual transfer.
Users who can make batch payment transfers are Admin, Finance with transfer rights, and Finance with submit-only rights.
Fees for FX batch transfer from Aspire SGD account will start from SGD 0.30 fee (following standard Wise fees).
Scheduling batch transfer is not available for the SGD FX batch payment.
How to submit batch SGD FAST payments
Follow the video guide below or step by step underneath it to make local batch payment transfers via FAST transfer.
Under Frequently Used Actions, click "View all actions", then select "Make batch payment".
Select SGD account as the source account.
If you check the "Mark as Payroll transaction" box, this ensures that users without payroll permission cannot view individual transactions or the total transfers made.
Select "Same currency payment" for the transfer type, and "Fast transfer" as the transfer method.
Choose a category for the batch transfer (required) and attach a budget (optional).
Schedule your batch transfer:
Transfer date: Choose the date you want the transfer to be initiated.
Transfer Frequency: Select how often the transfer should occur: One time, Weekly, or Monthly.
Next, upload the recipient and transfer the detail
You can upload your own CSV file containing the following items: the Recipient's Account holder name, Account number, Bank SWIFT code and Transfer amount.
You can also make a copy of Aspire's SGD batch payment template. If you can't access the batch payment template, download the CSV file attached at the bottom of this article.
Fill out the SGD batch payment template by referring to this guide.
Once you upload the CSV file, add the transfer's batch name and click "Next."
Match the .csv columns accordingly between the Aspire fields and Your .csv fields. If all is good, hit "Review".
Next, review your batch payment transfer. You can review the successful transfer list by clicking "Show list".
Notes:
Click on "Show list" to see the fee breakdown per successful entry.
To see unsuccessful transfers, click "Show Errors"
To correct the errors, you can make adjustments to your .csv file and re-upload it. Amending the transfer details directly in Aspire is not available yet.
12. Once the batch payment is good to go, click on "Submit transfers".
Notes:
The batch payment transfers will also follow the transfer approval policy that has been set in place (if any). In this scenario, the approvals needed are determined based on the total amount included in the CSV file, NOT based on each individual transfer.
Users who can make batch payment transfers are Admin, Finance with transfer rights, and Finance with submit-only rights.
Batch SGD FAST transfers are free of charge.
How to submit batch SGD GIRO payments
Follow the step-by-step instructions below to make local batch payment transfers via GIRO transfer.
Under Frequently Used Actions, click "View all actions", then select "Make batch payment".
Select SGD account as the source account.
If you check the "Mark as Payroll transaction" box, this ensures that users without payroll permission cannot view individual transactions or the total transfers made.
Select "Same currency payment" for the transfer type, and "Giro transfer" as the transfer method.
Choose a category for the batch transfer (required) and attach a budget (optional).
Schedule your batch transfer:
Transfer date: Choose the date you want the transfer to be initiated.
Transfer Frequency: Select how often the transfer should occur: One time, Weekly, or Monthly.
Next, upload the recipient and transfer the detail
You can upload your own CSV file containing the following items: the Recipient's Account holder name, Account number, Bank SWIFT code and Transfer amount.
You can also make a copy of Aspire's Payroll GIRO template. If you can't access the batch payment template, download the CSV file attached at the bottom of this article.
Fill out the GIRO template by referring to this guide.
Once you upload the CSV file, add the transfer's batch name and click "Next."
Match the .csv columns accordingly between the Aspire fields and Your .csv fields. If all is good, hit "Review".
Next, review your batch payment transfer. You can review the successful transfer list by clicking "Show list".
Notes:
Click on "Show list" to see the fee breakdown per successful entry.
To see unsuccessful transfers, click "Show Errors"
To correct the errors, you can make adjustments to your .csv file and re-upload it. Amending the transfer details directly in Aspire is not available yet.
12. Once the batch payment is good to go, click on "Submit transfers".
Notes:
The batch payment transfers will also follow the transfer approval policy that has been set in place (if any). In this scenario, the approvals needed are determined based on the total amount included in the CSV file, NOT based on each individual transfer.
Users who can make batch payment transfers are Admin, Finance with transfer rights, and Finance with submit-only rights.
Batch SGD GIRO transfers are free of charge.
Why does my batch payment transfer statement not show the transactions and their fees together?
The statement for your batch payment transfer lists transactions and fees separately due to the execution sequence and queue delays. Transactions and fees will appear based on their respective execution timestamps.
As an alternative, you can download the account statement for the specific date when the transaction was executed.
Download Batch Transfer Templates (CSV)
If you're unable to access the Google Sheet versions, you can download the CSV format of each template by accessing the files provided below.