Business Name On Outgoing Payments

Can anyone confirm which name will be shown on the recipients statement when I make outgoing payments from my business account? Will it be my limited company name or my personal name?

I assumed it would be my limited company name, but the beneficiary details on the ‘add money’ page show my personal name rather than my business name, which has made me doubt myself.

I don’t know the answer, but could you send yourself a small payment (say £1) and see what shows up on your own statement?

1 Like

Yeah, I’ll probably end up doing that. I’m a bit anal with my accounting records and like to keep them clean, so I just thought I’d ask first to see if anyone could confirm. :slightly_smiling_face:


I can totally understand that! I’m interested in the answer, so if you find out other than from a response here, can you post your results?

1 Like

Of course, I’ll post as soon as I find out. I’m almost certain it will be the company name. People will be expecting to receive payments from the company name, so I hope it’s the case anyway!


I send myself money from my business account every week - it’s the business name that shows up.


I pay salary from business to personal - I get the company name on my personal feed as the payer name.


Thanks @caspararemi and @projectfortytwo. That’s just what I needed to know. :slightly_smiling_face:

1 Like

If you want to check, I’ll happily accept a payment from you… :wink:


Company Name

1 Like

Also when it is a sole trader that has a business name on it’s account?
Or do you all talk solely about Ltd. cpy’s account?

yes my acc is sole trad and I have the company name on card

This topic was automatically closed 180 days after the last reply. New replies are no longer allowed.