What is Confirmation of Payee?
Confirmation of Payee (CoP) is a security check that makes sure the name on a bank account matches the name you enter when sending money.
Supported banks
We currently use CoP for payments to and from these banks:
Bank of Scotland, Halifax, and HSBC
Lloyds, NatWest, and Nationwide
Santander, Starling, RBS, and Ulster Bank
We are working to add more banks soon.
If a bank is not on this list
If the person sending you money uses a bank that is not on this list, the name check will not happen.
Your clients can still send you money, but their bank may ask them to double-check your account details. This often happens the first time they pay you.
Note: Make sure you give your clients your correct business account name so their bank can verify the payment.