Wrong Account Name - bank transfer

[MarkLeonard]

Hi folks,

I was just wondering if you give the correct IBAN and sort code but the wrong account name will the receiving bank (AIB) accept the funds? I provided by IBAN and sort code to a client in the Netherlands but not the correct account name (i gave the name on my personal account rather than the name on the company account).

I'm assuming as the IBAN is correct, the funds should transfer?

Thanks in advance

 

[Dr Strangelove]

I'm assuming as the IBAN is correct, the funds should transfer?

Usually, yes.

It certainly won’t go to a different account.

 

[MarkLeonard]

Usually, yes.

It certainly won’t go to a different account.

Thanks for the feedback! Do you know if either the paying or receiving bank will raise a query as the account name is different?

 

[Dr Strangelove]

Do you know if either the paying or receiving bank will raise a query as the account name is different?

No idea.

 

[beautfan]

I worked in HR and had to set up bank details for payroll. The name didn't matter, it was iban details that we doubled checked. You could put batman on the account name. Can't say for sure if it's the same for your transaction but I'd be confident.

Let us know. Hope I'm right.