Confirmation of Payee & Account Verification: Addressing the rising complexity of fraud
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Our new Confirmation of Payee feature will give you greater assurance that you’re sending payments to the right person and will help to protect you from fraud. Find out more: firstdirect.hsbc/COP | first direct
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Here’s what you need to know about Confirmation of Payee. Find out more here 👉 https://www.bnz.co.nz/about-us/online-security/confirmation-of-payee Disclaimer: This post contains general information only, not professional advice. It's not intended to be a complete summary of how scams operate. BNZ is not liable for any losses resulting from this post. | BNZ
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✅✅ With Confirmation of Payee, you can easily see if the account owner’s name and number match before making your payment. Once you’ve entered the payment details, you’ll receive one of seven possible responses. Find out more at asb.co.nz/COP | ASB Bank
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What is Confirmation of Payee?
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✔️✔️ The way you make and receive payments is changing with the new Confirmation of Payee check. When setting up a payment to a new payee, you’ll need to include the account number and the full first and last name of the account owner, or the business account name, if it's a business. Once the check is complete, and before you make the payment, you’ll see if the account owner name and number are a match or not. Find out more at asb.co.nz/COP | ASB Bank
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✔️✔️ The way you make and receive payments is changing wit…
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Confirmation of Payee (CoP) Payments Verification | Bottomline
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