The Confirmation of Payee service appears in your online or mobile banking app when you edit an existing payee, make a one-off payment, or set up a new payee. The service makes it easier to check the name and account details of the person you’re paying.
Dec 6, 2024
Partial Match: This notification suggests there’s a small difference between the name you entered and the bank’s records. This might happen if the person you’re paying uses a nickname, has a typo, or goes by a middle name.
No Match: The account name and number you’ve entered don’t match the recipient bank’s records.
What to do:
Match: Even if you get a ‘Match’ result, it’s still essential to be confident that you know and trust the person you’re paying. The new service helps prevent mistakes but doesn’t guarantee that the person on the other end is trustworthy.
Always pause and consider if the recipient is trustworthy before you proceed with any payments.
Remember when you see a ‘No Match’ or ‘Partial Match,’ it’s a sign to double-check with the recipient. Only proceed with the payment once you’re confident in both the account details and the person you’re paying.
For more information, you can watch our video on Partial and No Matches here.