Confirmation of Payee (CoP) is an account name checking service that helps to make sure payments are sent to the correct recipient.
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Where an account is not available through Confirmation of Payee, whether temporarily or otherwise, customers and businesses will be notified that the name is unable to be confirmed.
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You can use Confirmation of Payee to check the details of your new payees. Your customers can also use CoP to check the details of your Mettle account before making payments to you.
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Customers and businesses should follow guidance given by their account provider and may want to take additional steps to ensure that their payment is being made to the correct payee, particularly if they have been asked to pay an amended or new account.
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For more information on Confirmation of Payee, visit the UK Finance Website.