The account details you entered match the bank records of the intended recipient, and the recipient's name will be displayed.
What is it
Confirmation of Payee is an industry-wide service that matches the bank account details entered by a payer with the account details held by the recipient’s bank and displays a match outcome to the payer. Helping you to avoid scams and giving you confidence that your money goes where you intend it to.
Confirmation of Payee is an initiative of Australian Payments Plus (AP+) the team behind BPAY®, Osko®, eftpos®, PayID®, and PayTo®.
How does it work
When sending money to a BSB and account number, Confirmation of Payee lets you know if the account details you’ve entered match the account details held by the recipient’s bank. If the details don't match, you can go back and confirm the details with the recipient.
Match outcomes
There are four possible match outcomes. Each result gives you a chance to make an informed decision about what action to take next.
Confirmation of Payee benefits
Avoid mistakes
Confirmation of Payee matches the bank account details you’ve entered with the account details held by the recipient’s bank and displays a match outcome, helping you avoid mistaken payments.
Confidence
Confirmation of Payee can help protect you from scams and mistaken payments by matching the account details you’ve entered with the account details held by the recipient’s bank.
Protection
Feel more confident that your money is going where you intend it to, with Confirmation of Payee.
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