Bulk Upload of Charges/Comissionions in Rivo

For financiers in trade finance, charges and fees are essential since they help them pay their bills, manage risks, and increase revenue. These fees represent the value of the services offered and maintain the viability of trade-financing banking institutions.

Rivo enables to upload numerous sorts of commissions at once, streamlining the process by allowing you to upload all the information with a single click. You can upload the Charging for that specific transaction using bulk upload option.

How to Upload :

The financier, have the option to add the fees for the specific transaction when releasing the instrument. Select bulk upload by clicking add new.

Screenshot

Choosing the Bulk Upload Option The template for uploading the charges is available for download. The following details are included in the template:

Field	Explanation
Fee Code*	The code of the charge may have maximum 10 characters.
Fee Name*	The name of the charge
Fee Description	The description of the charge
Amount*	The format is without thousand delimiters but with a point as a decimal delimiter, for example, 12123.67
Currency*	Enter the standard abbreviation, for example, EUR, USD, GBP, CHF, et.
Settlement Date*	The date must be stated in the format dd/mm/yyyy.
Paying Party*	Applicant/Beneficiary
Account Number	Account Number