Key Features of Confirmation of Payee

Checks account details: CoP is industry-wide and compares the name entered by the payer with the account information held by the recipient’s bank.
Match or close match: If the name matches (or is close), the payer will see the account name.
No match: If the details don’t match, the name won’t be shown — helping protect your privacy.
Joint accounts: Only the name entered by the payer will be shown, along with “and others” if there are additional account holders.
Secure data: Your account details are not stored in a central system — they remain safely with your payment provider.