Requiring the payee’s exact name for bank transfers

Oh, this is gonna be fun for all those people who don’t use their “legal name”:

Or those people who have names that are longer than the recipient fields?

This is going to be a nightmare!

Because I always know the registration number and registered address of every company that I pay …
And I’m sure everyone that pays their British Gas bills will know that the company is in fact called “Centrica”, and not be surprised at all to see this coming up in the confirmation screen…

2 Likes