Post #4572151
2026-08-06 11:09 UTC
@agowa338@chaos.social @EUCommission@ec.social-network.europa.eu Depends how good your typing is. Verification of payee will catch you getting a digit wrong in the account number. Which I don't do very often, but it's nice to have a check that I'm not sending tens of thousands of pounds to the wrong person by accident. Yes it would in most cases get sorted eventually, but it wouldn't half be a hassle.
Replies (1)
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@agowa338@chaos.social 2026-08-06 11:31
@TimWardCam@c.im @EUCommission@ec.social-network.europa.eu The only thing the verificator of payee causes is that all of my bank accounts are either listed as "Klaus Frank" in my statements or throw a validation error each time I transfer money from one account into another. Also if you're dealing with companies having some holding named there instead of whom you're actually doing business with is also annoying as you completely loose track of what you paid for when looking at your statements...