Wrong beneficiary name


#1

I made two transfers to a bank account in UK and I made a typo in the name.
I received an email from REVOLUT that the money was transferred.
The beneficiary did not receive the payments.
The money was not returned back from REVOLUT.


#2

I would ask revolut for a payment statement first and would show that the beneciary or his bank respectively …


#3

Is the name even relevant?

The receiver’s bank might not even detect the typo.

http://www.fasterpayments.org.uk/consumers/what-happens-if-i-have-sent-payment-wrong-place


#4

In the UK Revolut uses Lloyds to process payments. I just found this out after selling some shares & the proceeds would not transfer to “Revolut”