We’re doing this as part of the account name checking service, called Confirmation of Payee. It helps make sure payments are sent to the right account. This reduces the chances of you making a mistake and helps to protect you from fraud.
When you set up or edit a payee, we’ll check the name on the account matches. If it doesn’t match, we’ll let you know what action you can take.
For more information about this service, visit our Confirmation of Payee page.