Confirmation of Payee says No - which banks allow payment regardless?

penners324

All banks should allow this. There will likely be numerous messages about possible fraud though.

flaneurs_lobster

penners324 said:

All banks should allow this. There will likely be numerous messages about possible fraud though.

Don't know about "should", the actuality is that the 4 I've tried so far don't. 

Grumpy_chap

flaneurs_lobster said:

Barclays, online & app - No

I use Barclays Online Banking and it does allow the transaction to be forced, albeit after many, many, many warnings.

flaneurs_lobster

Grumpy_chap said:

flaneurs_lobster said:

Barclays, online & app - No

I use Barclays Online Banking and it does allow the transaction to be forced, albeit after many, many, many warnings.

Believe me, if there were any way to push this payee setup through, warnings or otherwise, I would have taken it.

All the banks I've tried give a variation on "The account does not exist", not "mismatch" nor "partial" nor any other No message. It must be a function of WestBrom's setup, and probably why they give a specific warning in their welcome email.

The payee name for electronic transfers must be addressed to the account holder(s). Your account details will be available for bank verification services within 24 hours of account opening.

blue.peter

flaneurs_lobster said:

Santander, online & app - No

That's strange. It's only a few weeks since I was last able to do it with Santander.

penners324

flaneurs_lobster said:

Grumpy_chap said:

flaneurs_lobster said:

Barclays, online & app - No

I use Barclays Online Banking and it does allow the transaction to be forced, albeit after many, many, many warnings.

Believe me, if there were any way to push this payee setup through, warnings or otherwise, I would have taken it.

All the banks I've tried give a variation on "The account does not exist", not "mismatch" nor "partial" nor any other No message. It must be a function of WestBrom's setup, and probably why they give a specific warning in their welcome email.

The payee name for electronic transfers must be addressed to the account holder(s). Your account details will be available for bank verification services within 24 hours of account opening.

Sounds more likely the sort code or account number have been entered incorrectly or the reference you're using doesn't match the correct format for the building society 

General_Grant

flaneurs_lobster said:

RBS, online & app - No
Santander, online & app - No
Barclays, online & app - No

Maybe things have become more strict since APP fraud is likely to cost banks more.

ETA Lloyds, Nope.

Only this afternoon I set up a payment from Lloyds to a "new payee" (a Virgin Money account in my own name) where the account could not be verified but, with an automated call to my mobile, I was able to send £20K.

flaneurs_lobster

penners324 said:

flaneurs_lobster said:

Grumpy_chap said:

flaneurs_lobster said:

Barclays, online & app - No

I use Barclays Online Banking and it does allow the transaction to be forced, albeit after many, many, many warnings.

Believe me, if there were any way to push this payee setup through, warnings or otherwise, I would have taken it.

All the banks I've tried give a variation on "The account does not exist", not "mismatch" nor "partial" nor any other No message. It must be a function of WestBrom's setup, and probably why they give a specific warning in their welcome email.

The payee name for electronic transfers must be addressed to the account holder(s). Your account details will be available for bank verification services within 24 hours of account opening.

Sounds more likely the sort code or account number have been entered incorrectly or the reference you're using doesn't match the correct format for the building society 

Well the Sort Code/Account No are a cut'n'paste from the welcome email from WestBrom and the Account No matches the one I can see online at WestBrom.

Doesn't need a reference but it's set to my Firstname Lastname.

penners324

West Brom BS are signed upto Confirmation of Payee. 

So I believe there's an error in the details you've entered 

pochisoldi

I have accounts with a few banks, the usual setup process is for me to enter the sortcode/account number+account holders details, wait for confirmation message, then change the payee's name, tick boxes to say "yeah its right" then it goes out.
This has definitely worked for
Barclays
Natwest
Lloyds
as well as others

If any of them start to block what I'm doing, then I'll raise a pre-emptive complaint, as list of identical payees all with my own name is a sure fire way of ensuring that sooner or later money will be sent to the wrong place. 

"Confirmation of payee" is a brilliant idea poorly implemented, to the best of my knowledge every financial institution treats the "recipient's name" and "payee" as one and the same thing - I want to be able to confirm _who_ is receiving the money - usually "me", and create a payee label that actually refers to _where_ the money is going. (rant over)