Question for anyone who uses online-banking for multi-companies.
I am using BOI for online banking but it has a major flaw. When I make a 3rd party transfer, the originating account name that shows on the receivers statement is the log-in company name, not the name of the originating account.
For example;
I log-in as AB Ltd
I make a transfer from account of PO Ltd to a supplier
The supplier sees the transfer coming from AB Ltd, where it should see it coming from PO Ltd (since thats the originating account)
I've complainted to BOI but they can't seem to help.
Does anyone use this setup with other banks ?
I am using BOI for online banking but it has a major flaw. When I make a 3rd party transfer, the originating account name that shows on the receivers statement is the log-in company name, not the name of the originating account.
For example;
I log-in as AB Ltd
I make a transfer from account of PO Ltd to a supplier
The supplier sees the transfer coming from AB Ltd, where it should see it coming from PO Ltd (since thats the originating account)
I've complainted to BOI but they can't seem to help.
Does anyone use this setup with other banks ?