What is Confirmation of Payee?  

Confirmation of Payee is an industry-wide initiative that provides an extra layer of protection for payments to a BSB and account number. It checks the account name, BSB and account number a payer has entered against the details held by the recipient’s bank and lets the payer know whether it’s a match.  

This can help payers make informed decisions before making a payment, reducing the risk of scams and mistaken payments.

Suncorp Bank does not currently provide Confirmation of Payee, but other financial institutions may provide it to their customers. As a result, your Account details may be used and disclosed for the purpose of Confirmation of Payee.

Confirmation of Payee is an initiative of Australian Payments Plus, the same organisation that also provides trusted payment services like BPAY, Osko, eftpos, PayID and PayTo.