Use the IBAN Name Check to verify whether the stated payee name matches the actual account holder — before a SEPA payment or direct debit mandate is triggered.
Use Case · Account Information
Verify. Match. Secure.
Trust Layer: FMA-regulated · PSD2-compliant · Part of the KSV1870 Group
- Real-time IBAN name matching
- Objective account holder verification instead of self-reported data
- Reduces misdirected payments and fraud risk
- Built for regulated B2B processes
About This Solution
FINcredible’s IBAN Name Check verifies whether the name provided by a customer matches the actual account holder of the submitted IBAN. This creates a reliable foundation for SEPA transfers, direct debit mandates, and payouts to customers — before money is sent to the wrong account.
Real-Time Name Matching
The submitted name is matched immediately against the name registered with the account holder — without adding delay to the onboarding process.
Fewer Misdirected Payments and Lower Fraud Risk
Objective account holder verification reduces the risk of payments being sent to the wrong recipient due to incorrect or fraudulent account details.
Important Note for B2B Use Cases
For business customers, the name registered with the bank can differ from the official company or trade register name. For B2B use cases, FINcredible recommends a supplementary check — for example against the commercial register — to correctly interpret discrepancies rather than misreading them as errors.
How FINcredible Works? Technology and infrastructure for secure digital financial, identity and verification processes.
Ready to Secure Your Business. Contact Us Today & Scale Your Growth
Questions
What is an IBAN Name Check?
An IBAN Name Check is the automated verification of whether the name of a person or company matches the actual account holder of the submitted IBAN. It helps identify misdirected payments and fraudulent account details early.
Has Verification of Payee been mandatory in the EU since 2025?
Yes. Since October 9, 2025, banks in the eurozone have been legally required to offer Verification of Payee for SEPA transfers. FINcredible’s IBAN Name Check operates independently of this requirement and is designed for businesses that want to verify the account ownership of their own customers in a B2B context — for example, before SEPA direct debits or payouts.
How does FINcredible's IBAN Name Check differ from bank-side Verification of Payee?
Bank-side Verification of Payee checks payments that consumers initiate through their own bank. FINcredible’s IBAN Name Check is integrated into the business’s own process and verifies customer account ownership during onboarding, contract signing, or recurring payments.
Does the IBAN Name Check work reliably for business customers too?
With some limitations. The name registered with the bank can differ from the official company or trade register name. For B2B use cases, FINcredible recommends a supplementary check, such as a commercial register lookup, to correctly interpret discrepancies.
Does FINcredible decide whether a payment is released?
No. FINcredible provides the name matching result as a data foundation — the decision on whether to release a payment despite a discrepancy remains entirely with the customer.
Which businesses is FINcredible's IBAN Name Check suitable for?
For businesses in banking and leasing, insurance, ecommerce, HR, and energy and mobility that want to secure payouts, refunds, or SEPA direct debits to customers.
Can the IBAN Name Check be combined with other FINcredible solutions?
Yes. The IBAN Name Check can be combined directly with identity verification, SEPA eMandates, and communication data verification within the same end-to-end onboarding process.
Testimonials
See what our clients say about working with us.
5/5
“FINcredible demonstrates what responsible handling of user data protection can look like. For the founders, data privacy is a top priority.”
Philipp Kinsky, Partner, HERBST KINSKY Rechtsanwälte GmbH
5/5
“FINcredible has an enormously strong team. With their product ‘FINcredible MietCheck’ and their focused market approach, this FinTech company has extraordinary potential.”
Patrick Pöschl, Chairman, Fintech Austria
5/5
“ImmoScout24 continuously improves its service for property seekers. The partnership with FINcredible for creditworthiness checks helps future tenants present themselves competently and credibly to landlords, while protecting their data far better than has traditionally been common practice.”
Markus Dejmek, Austria Country Manager, ImmoScout24
5/5
“Currently, willhaben lists more than 20,000 rental apartments and over 1,300 houses for rent. Once someone has found their dream property with us, they often have very little time to stand out against other prospective tenants. That’s why we’re glad to have FINcredible as a partner at our side, making the property search even easier for our users while placing just as much value on security and data protection as we do.”
Judith Kössner, Head of Real Estate, willhaben
5/5
“We wanted to close the gap between modern property management and well-founded tenant decisions. With FINcredible, we’re integrating a solution that creates transparency and supports owners in one of the most important decisions in the rental process.”
Laurens Pohl, CEO, ImmoAssist
5/5
“Our goal is to make financing as simple as possible, without losing sight of responsibility or reliability.”
Herbert Hirscher, CEO, Mercedes-Benz Financial Services Austria
5/5
“With this modern solution, which we are initially testing in the Diocese of St. Pölten and then plan to roll out across Austria, we are creating a win-win situation: more efficient processes for us, the highest security for our donors, and an active contribution to environmental protection.”
Christoph Riedl, Secretary General, Caritas St. Pölten
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