# IMPORTANT: UK Fasterpayments - Name will be needed from 2019

**URL:** <https://bisq.community/t/important-uk-fasterpayments-name-will-be-needed-from-2019/6438>\
**Category:** Payment methods\
**Created:** [October 19, 2018, 6:55am UTC](https://bisq.community/t/important-uk-fasterpayments-name-will-be-needed-from-2019/6438 "2018-10-19T06:55:43Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Tommy254](https://bisq.community/letter_avatar/tommy254/32/6_22734026db12803ebb3e059622ac3534.png) [@Tommy254](https://bisq.community/u/Tommy254)\
**Post date:** [October 19, 2018, 6:55am UTC](https://bisq.community/t/important-uk-fasterpayments-name-will-be-needed-from-2019/6438/1 "2018-10-19T06:55:43Z")

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Heads up Bisq team.

Right now if I make a trade in the UK with Faster Payments (UK bank to UK bank) I only need the Sort Code and Account number.

But to help combat fraud, from next year the account name will have to be used as well.

Mid year looks to be the date.

Here’s an article -

> **[Banks to check account names to beat transfer fraud](https://www.theguardian.com/money/2018/oct/18/banks-to-check-account-names-to-beat-transfer)**
>
> ‘Confirmation of payee’ system will stymie increasingly sophisticated criminal scams

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**Author:** ![Homard](https://bisq.community/letter_avatar/homard/32/6_22734026db12803ebb3e059622ac3534.png) [@Homard](https://bisq.community/u/Homard)\
**Post date:** [October 19, 2018, 7:13am UTC](https://bisq.community/t/important-uk-fasterpayments-name-will-be-needed-from-2019/6438/2 "2018-10-19T07:13:01Z")

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Thanks for the info.
