To process payroll via a wire transfer, follow the steps below:
1. Log into your online corporate banking account and add Lulu Exchange LLC as a beneficiary using the bank details listed below to save for future transactions
2. Make the wire transfer of funds for the total amount to be paid. An MPN number (reference ID) will be generated and visible on the platform
3. Use the MPN number to make your payment transfer.
4. Once a payment is made and your funds release confirmation received, return back to your transactions page as shown below and click on Confirm Funds Released
5. Check the funds confirmation check box as shown to proceed
6. Input your Transaction ID found on your bank statement as your proof of payment, select the banks used for the wire transfer (your corporate bank and Lulu Exchange bank) and click submit
7. You can view your payment status on the Transactions page and you will get notified when salaries are processed