Rabobank introduces IBAN Name Check — Rabobank — “’The IBAN Name Check allows customers to check the name of the beneficiary before the transfer is executed,’ says Alexander Zwart, manager online access at Rabobank. ‘If the entered name differs from the registered account holder, the user can cancel the transfer. Or they receive a warning that the account number doesn’t belong to a company but a private individual. This makes online and mobile banking even easier and safer.’”
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