End-to-end programme flow — from invoice origination through funding, payment and collection.
Suppliers are onboarded once, at the outset: AML, sanctions screening and Confirmation of Payee. New suppliers require Rabobank approval.
Validation exceptions are resolved with the client same day (T0); unresolved items drop from the batch next day (T1).
Rabo’s funds are held in a segregated account on trust for Rabobank until paid to suppliers, with same-day pass-through on confirmed receipt.
If Rabo does not confirm funding: the buyer is notified promptly and the batch cancelled; the buyer pays the supplier directly or re-uploads.
The collection account is opened by Butn and controlled by Rabobank. Rabo remits Butn’s margin monthly (5th business day of each month).