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Confirmation of Payee.

What is Confirmation of Payee?

Adam
Adam
  • Updated 28 February 2023 12:20

Confirmation of Payee is a name checking service that helps avoid payments being accidentally misdirected and is available when making a payment to a new payee. 

The service is a way to help give you more peace of mind that you’re sending payments to the intended person, as well as providing another layer of protection in the fight against fraud and scams.

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Articles in this section

  • What is Confirmation of Payee?
  • How does Confirmation of Payee work?
  • What if I want someone to make a payment into my Kroo Bank account?
  • When I want to make a payment to a new payee, do I have to provide the first and last name?
  • What happens if I try to pay someone whose bank doesn’t offer Confirmation of Payee?
  • Will payments and payees that are already set up be checked by Confirmation of Payee?
  • What happens if I am trying to pay someone who holds a joint account – do I need to enter both names?
  • How will Confirmation of Payee combat fraud?
  • What happens if I make a payment to the correct person but for the wrong amount?
  • How is my data protected?
  • See all articles

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