Bulk transaction processing allows the users to conveniently make multiple transactions through a single file upload. The important features of bulk transaction processing are as follows:
The users can initiate bulk transactions to other Deutsche Bank accounts. There will be one debit transaction on the debit account and credit transactions on the beneficiary accounts. Please click here to generate the file required for bulk Deutsche Bank Account transfers. The users can initiate both NEFT and RTGS transactions as well through this functionality. In this case, each transaction would have a separate debit transaction on the debit account. For instance, if there are 100 transactions being done through one file upload, the debit account would have 100 transactions on the account statement. Please click here to generate the file required for bulk Deutsche Bank Account transfers. In case of bulk transfers to Non Deutsche Bank accounts, the system automatically decides the transfer option – RTGS or NEFT, depending on the amount per transaction and the beneficiary bank. All bulk transfers are essentially scheduled payments. The approvals for the bulk transfers should be done in advance before the scheduled date for the system to process the bulk transfer instruction.