Confirmation of Payee lets you check the name of the person or business you are paying when:
However, it is just a tool for you to check that the name you’ve entered matches what is held by the bank. It’s not a guarantee that your payment will be sent to a legitimate recipient.
When making a payment to a new or updated payee you’ll see whether:
We may at times explain more information about the result, depending on the reason you’re seeing it. For example, if you’ve chosen to pay a personal account when the payee is a business, we’ll let you know.