geoxshock | 10-18-2018 09:54 AM | BBC Report - name checks to appear on bank accounts hi,
saw this report earlier today on BBC news website https://www.bbc.co.uk/news/business-45900955
essentially saying that from april 2019 they will match names on account to the bank account sort code and ac number. - all 3 need to match in order to successfully make transaction.
so, I run 2 paypal accounts in stealth mode whereby money is withdrawn from paypal account to my uk bank account, however the name on the paypal account does not match the UK bank account.
is there a way around this or are we going to be snookered? its worked great for so many years where paypal will send just to sort code and ac numner without checking account name.
your thoughts good people? |