Name checks on online payments likely to be delayed - MSE News

Former_MSE_Naomi

A service which aims to combat money transfer scams and incorrect payments, by checking the name of who you're sending money to online, could be delayed until next year...

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'Name checks on online payments likely to be delayed'

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One-Eye

Some banks online payment systems are already troublesome.

My niece has a double-barrelled surname. Her Grandad's bank doesn't accept the hyphen. My bank accepts the hyphen but when I include the first name the whole thing is too long!

Another online payment system I used gave me a list of payee names from which to choose when I entered the sort code and account code. In this particular case these were all government accounts, but I doubt if this would be a good idea for personal use - you could obtain someone's details by guessing a sort code and account number.

colsten

One-Eye wrote: »

you could obtain someone's details by guessing a sort code and account number.

What sort of details do you think could be guessed? Once upon a time, we wrote millions and millions of cheques each year, containing name, sort code and account number and no details could be guessed.