We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Nominated account and Paragon Bank problem
TheEmerald
Posts: 29 Forumite
I have successfully opened an account with Paragon Bank but seem to have hit a problem.
My nominated account only allows me to pay into an account with my name but when I received my paying in details my name was not included. Paragon Bank was listed as the payee and there was a reference number, but not my name.
Has anyone else experienced this problem and can advise me what happens in this situation?
Thanks
My nominated account only allows me to pay into an account with my name but when I received my paying in details my name was not included. Paragon Bank was listed as the payee and there was a reference number, but not my name.
Has anyone else experienced this problem and can advise me what happens in this situation?
Thanks
0
Comments
-
You need to use Paragon Bank PLC as the payee name and select ``business account" as the payee type (don't use your own name as the payee). So long as you then give the correct sort code, account number & reference the payment should go through without issues1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
