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Payee Name

  • 04-04-2018 6:18pm
    #1
    dcody87
    Registered Users, Registered Users 2 Posts: 7 ✭


    Hi I recently added a payee and transferred money to the account but then discovered that I put the wrong payee name in. Now the question I have is does payee name matter once the IBAN is correct like will the transfer go through and if it doesn't will the money come back to my account?


Comments

  • #2
    dcody87
    Registered Users, Registered Users 2 Posts: 7 ✭dcody87


    Just in case it makes a difference it was a BOI to AIB transfer


  • #3
    Bank of Ireland: Tara
    Closed Accounts Posts: 2,346 ✭✭✭Bank of Ireland: Tara


    Hi dcody87,

    Thanks for contacting us here on Boards.ie.

    Provided the IBAN and BIC are correct, there should be no problem with the transfer. We would advise correcting the payee name before making any other transfers just to avoid selecting the wrong payee from your list in the future.

    Thanks
    Tara


  • #4
    dcody87
    Registered Users, Registered Users 2 Posts: 7 ✭dcody87


    Thanks very much for your reply


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