Bank account holders name

wmb194

bombom66 said:

MDMD said:

There is likely be an individual signatory on the bank account, this may or may or may not be the same as the directors. Likely to be more than one person as a fraud prevention measure.

But unless you have a legitimate reason and authority from the company to know who this is, you are unlikely to be told the name

The account is not a business account, it’s just a account used to pay peoples maintenance ,then transfer the money abroad ,hence in the name of the complex 

Try setting up the payment again and see whether the Confirmation of Payee check works using the complex name or not - try it as both a personal and business account. 

bombom66

wmb194 said:

bombom66 said:

MDMD said:

There is likely be an individual signatory on the bank account, this may or may or may not be the same as the directors. Likely to be more than one person as a fraud prevention measure.

But unless you have a legitimate reason and authority from the company to know who this is, you are unlikely to be told the name

The account is not a business account, it’s just a account used to pay peoples maintenance ,then transfer the money abroad ,hence in the name of the complex 

Try setting up the payment again and see whether the Confirmation of Payee check works using the complex name or not - try it as both a personal and business account. 

Confirmation works but it just shows name of the complex it’s not a business it’s just a account used to transfer pounds abroad I just thought that someone’s name must be associated with it as who do they contact if there is a problem 

DullGreyGuy

bombom66 said:

wmb194 said:

bombom66 said:

MDMD said:

There is likely be an individual signatory on the bank account, this may or may or may not be the same as the directors. Likely to be more than one person as a fraud prevention measure.

But unless you have a legitimate reason and authority from the company to know who this is, you are unlikely to be told the name

The account is not a business account, it’s just a account used to pay peoples maintenance ,then transfer the money abroad ,hence in the name of the complex 

Try setting up the payment again and see whether the Confirmation of Payee check works using the complex name or not - try it as both a personal and business account. 

Confirmation works but it just shows name of the complex it’s not a business it’s just a account used to transfer pounds abroad I just thought that someone’s name must be associated with it as who do they contact if there is a problem 

It is a business account, there will be authorised signatories, they'll contact whoever their account details say to contact. 

Ergates

bombom66 said:

MDMD said:

There is likely be an individual signatory on the bank account, this may or may or may not be the same as the directors. Likely to be more than one person as a fraud prevention measure.

But unless you have a legitimate reason and authority from the company to know who this is, you are unlikely to be told the name

The account is not a business account, it’s just a account used to pay peoples maintenance ,then transfer the money abroad ,hence in the name of the complex 

If it's a personal account then it must be linked to a person (or persons) - the account may have name too, which can be anything (that the bank allows).   If you are setting up a new payment to this account (from a UK bank) then you'll need to do a CoP check on it - for which you'll need the account holder's name.  However, this would need ot be provided *by the account holder*.

If you've done a CoP check with the complex name and it passed then it *must* be a business account as the check it performed against the holding customer name not the account name (which, can be anything the bank allows).  The bank will also hold details on the signatories and/or beneficial owners etc - exactly how they hold this will depend on the bank's internal systems.

But... none of this information is available for you - there is no legal way for you to get the account holder's name from the bank.