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Spelled a name wrong bank transfer!

6 replies

Thingsthatgo · 13/05/2023 14:50

I noticed afterwards that I had missed a letter out of the name, but my bank (HSBC) checked the details against the recipient's bank, and it went through ok.
It's been taken from my bank account. What will happen now? Will the transfer go through or be rejected??

OP posts:
mynameiscalypso · 13/05/2023 14:51

So long as the account number and sort code are right, it will be fine. The name check is just to help people identify when they're being scammed more than anything else, it's not part of the payment instructions.

LubaLuca · 13/05/2023 14:51

It will go through. A close match is good enough.

Justcallmebebes · 13/05/2023 14:52

I've had my daughters name wrong on my online banking for several years and payments go back and forwards fine. Never had a problem.

As long as the acct no and sort code are correct

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Namechange8263628 · 13/05/2023 14:59

If it's a close match and you're confident the recipient is correct nothing happens, the bill is paid

Thingsthatgo · 13/05/2023 15:08

Oh hooray! Thank god. It was a business transfer, and quite a lot of money. Confused

OP posts:
pecantoucan · 13/05/2023 15:10

It's fine

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