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COP

Protect against fraud with Confirmation of Payee

Confirmation of Payee is an account name checking service that enables payers to confirm their payments are routed to the intended person or business and not accidentally or fraudulently misdirected.

How does Confirmation of Payee work?

The Form3 service covers the Requester and Responder roles.

The Confirmation of Payee service

The Confirmation of Payee service covers UK Faster Payments, Bacs Direct Credits and CHAPS.

Benefits of Form3 Confirmation of Payee 

Using Form3 ensures high-quality operation and compatibility with the scheme.

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