Would wrong account name on bank transfer matter?

[Sean Gallagher]

Hi Folks,

Just wondering if the account name is important? I assume a bank transfer should be completed with a correct IBAN / BIC? Does the account name matter or get checked at all? Would a wrong account name stop a payment from being received or would it draw a query from either bank (both are Irish)?

Thanks

 

[Sue Ellen]

Hi Sean,

Welcome to AAM.

There are some previous AAM threads here about wrong info on transfers.

 

[Sean Gallagher]

Thanks Sue Ellen - look forward to some feedback / experience in this area.