Reoccuring FPI payment

beanypie

Please can you advise on what to do when you receive and FPI payment and where want to know where it has come from?


Bank were really unhelpful and I am now worried about how to proceed with this.

jonesMUFCforever

Does the faster payment in not have any detail at all?
Are you expecting any monies in at all?
How much are we talking about here?
How do you know if the payments are recurring?

mangohead

Unfortunately, most banks won't disclose information of a FP sender. Rest assured that if it's been made in error into your account, your bank is likely to hear from the sending bank, who'll then get in touch with you respectively.

agrinnall

What's the description on your statement?

grumbler

mangohead wrote: »

Unfortunately, most banks won't disclose information of a FP sender.

Why and what information? I think most show the full name of the account holder in the statement.

E.g.
FASTER PAYMENTS RECEIPT REF.FROM NW FROM **** *********
Bank credit MR * ********
Bank credit **** ********

'MR' and full first name or initial, I think, depends on the sending bank.