Wrong first name while doing a transfer

Muhammed-Navy-Eagle

I may have put a wrong first name while doing a transfer. Will my payment go through if i put the wrong first name? IBAN number and last name are correct
For example; instead of Mike Abc I wrote Michael Abc

thijsoost

Muhammed In most cases, the names aren't checked, only the IBAN. If the name is checked, you'll receive the money back.

New-Lilac-Sloth-1702461962

Muhammed Most probably yes, since banks are no longer required to check the names of a bank transaction.

Muhammed-Navy-Eagle

Dennis I was thinking there is always an IBAN-name check even with Bunq

Gianguig

Muhammed
Hi 🖐,
in my experience, it does not happen except few exceptions like wage payments... that happened to me in the past that the sending bank made checks on the name of the recipient .. but was few months ago.

I paid bills with the wrong name of the receiver due to typos like yours but payments were always successful.

Worse case.. if there are issues, the funds will be sent back to the sender.

Cheers
GG

Jakob-Y

Muhammed In The Netherlands, the banks have kind of a central database with IBAN <-> Name mappings. Also bunq participates here. But this database is just some additional information that may be used by another bank to indicate to the customer if a name is spelled correctly or not, but it's not mandatory. And the sender of a payment can always override this and click on a button like "Even though the name is wrong, I still want to send money to this IBAN". And for banks outside of The Netherlands it's not relevant anyway, because they do not participate in this database and do not have any access to it.

Here is some explanation from ABN Amro about it: https://www.abnamro.nl/en/personal/payments/iban-name-check.html In any case, the name does not really matter and the payment will still go through if it is a SEPA payment.