Confirmation of Payee is a UK name-checking service which allows you to confirm that you are sending payments to your intended payee when making a payment for the first time.
With Confirmation of Payee, you can:
- Check the recipient’s name you have input against the record on the receiving bank account ☑️
- Review the results of that check before your payment is sent 🔍
- Make more informed decisions about your transactions 💡
- Reduce the risk of misdirected payments 😁
- Help protect yourself from fraud and Authorised Push Payment (APP) scams 🔐