Re: There's a bit of commonality here - email
Not sure this "feedback" is feasible or legal.
Unless you're transferring funds to an account at the same bank, your bank is not going to know the recipient details. Adding this functionality would fundamentally change the transfer process across the whole industry from batch to real-time, which would cost a fortune.
It would breach the data protection act by sharing customer information with an unauthorised third party.
It opens up a new fraud opportunity: submit a sort code & account number, get instant confirmation of the account holder's name.
A better solution would have the payment system verify the supplied recipient name matches the actual account name. If you state your payment is going to the account of "Honest Bob's Solicitors", the payment should fail if the recipient account name is "Dodgy Dave Scammer"
See point 7 on How Faster Payments Works
Biting the hand that feeds IT
