Everyday Banking
What a payee-name check can tell you before a bank transfer
A bank’s payee-name check can help catch a wrong account. Learn what a match confirms, what it leaves unanswered and how to check changed payment details.
MONEY, MADE UNDERSTANDABLE
bank transfers
Everyday Banking
A Payment Reference Helps the Recipient Match Your Bank Transfer
A payment can reach the right bank account but remain unmatched to your invoice. Use the recipient’s reference and keep a useful transfer record.