Re: Uk banks are now matching names for withdrawl
At the moment this is not an issue, it mainly applies for payments made from personal banks, it is a step taken to 'check' the name on the bank, it then informs the sender if it doesn't match (you can still proceed anyway).
I am unsure if this will be extended to merchant accounts for mass payouts, I personally have not seen any API or backend details regarding mismatch names - this is not to say it won't be added later, but as of now I cannot see this being an issue.
Most banks already have this in place.
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