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The funds will just be sitting in the collection account and will be able to be allocated by the Leeds BS to your friend.
If it's a small amount, they will probably be ok with just allocating it to your friends account but if it's a large amount they will probably want to send it back due to anti-money laundering concerns.
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Leeds Building Society (formerly Leeds & Holbeck) use collection accounts with HSBC. Sort codes beginning 40.
I work for a very small bank, and we also have our collection account with HSBC.
Some times, when payments come in, and don't quote our customers account number, we are able to work out who the payment belongs too by using just the name that has been quoted. But our customers aren't individuals, they are churches and charities.
If we can't work out who the payment is intended for, if it's come in by faster payment, we'd send it straight back to the originating bank. If it's been received by Uk Chaps or from abroad, we tend to hang on to it for a few days to see if anyone claims it.
Early retired - 18th December 2014 If your dreams don't scare you, they're not big enough
