Payee
Any payment can be saved as a payee. This is useful if you need to make regular payments to the same person or business, for example, a supplier, as it reduces keying time and prevents any change to the payee details.
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Glossary
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Payee lookup name
Payee lookup name
The reference allocated to a payee when it is saved. Used to identify the payee, when you wish to use it to make a payment, or edit the details.
Payee name and address
Payee name and address
The name and address of the recipient of the funds. For international payments, we recommend that you include the full name of the payee.
Payee reference
Payee reference
A reference that will identify the purpose of the transfer on the statement of the account being credited.
Pay from account
Pay from account
The account number and sort code that will be used to fund your payment.
Payment reference
Payment reference
The reference sent out with a CHAPS or International payment to assist the payee to identify the funds.
Personal representatives
Personal representatives
As a group, executors and administrators are called personal representatives.