Confirmation of Payee is a name checking service for UK based payments which provides customers (both personal and business) greater assurance that they are sending payments to the intended recipient.

How it works

When you enter a new recipient for a UK payment, the account name is checked against the sort code and account number. You also need to choose if it is a business or personal account. The check will come back as either a full match, a close match or no match.

If the result is a ‘no match’ we recommend you check the details with the recipient again, before sending the payment. 

Please note, this service is only for UK to UK payments in GBP. 

 

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Let us know where you’re located so we can tailor our information to make your experience more relevant.

Your regional contact:

  • EFG Bank AG
    Bleicherweg 8
    P.O. Box 6012 - 8022 Zurich
  • +41 44 226 17 17
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