Confirmation of payee
Eliminate costly misdirected payments through real-time individual and business account verification. Instantly confirm account ownership across borders, reduce costly errors, and ensure every payment reaches the right destination.
How it works
STEP 1
Submit payee details
Whether you're onboarding a beneficiary or processing a payout, Finmo verifies accounts instantly with just a name, bank, and account number.
STEP 2
Verify instantly
Finmo connects to a global network of banks and payment service providers to validate the data.
STEP 3
Review & proceed
Receive per-payee verification results instantly and choose to proceed with the transaction or review details before authorizing the payment.
Core capabilities
Verify in real-time
Finmo instantly verifies account ownership by cross-checking submitted details against global banking networks , giving you complete confidence before any money moves.
Intelligent name matching
Get real-time name match suggestions when submitted details are nearly correct, helping you catch small errors and stay compliant with regional regulations.
Frictionless & Invisible to payees
Verification is fast, automatic, and invisible to your payees. Enjoy the confidence of secure payments combined with a frictionless process that your payees won’t even notice.
Optimized payment workflows
Reduce failed payments
With 10–15% of payments failing due to incorrect account details, automated validation ensures errors are detected in real time, reducing manual errors and streamlining your workflow.
Settle faster
Validated payees ensure fewer disruptions in your payment process, keeping your cash flow predictable and transactions completed on time.
Eliminate penny drops
Finmo replaces test deposits with instant, behind the scenes verification, saving you time and securing every payout.
Bulk verify in seconds
Easily upload your complete payout list and let the system instantly verify every recipient in one go. Add custom overrides directly in your file based on verification results, giving you full control over how each payment gets processed.
FAQ
Frequently asked questions
What is Payee Verification?
How does it work in real-time?
Will this slow down the payouts?
List of countries for which CoP is available:
Australia *
Argentina
Bangladesh
Belgium
United Kingdom
France
Korea
Indonesia
Nigeria
Nepal
Uganda
Vietnam
Malaysia
Uruguay
Peru
Turkey
Italy
Netherlands
Poland
Europe *
* Mandatory to have CoP in place for local payouts (No additional fees or charges are applicable)
Streamline cash, Power your growth
Stay ahead with intelligent cash forecasts, real-time risk visibility, and insights that drive better decisions.
Finmo is the next-generation Treasury Operating System (TOS) for global companies built on real-time payments (RTP) rails. Finmo lets you collect money, make payments, manage cash and liquidity, mitigate financial risks, and comply with financial regulations – all in one place.
Any information provided on this website is for general information purposes only and does not take into account your objectives, financial situation or needs. Please consider our Financial Services Guide and Product Disclosure Statement and if the information is right for you before acquiring the product or service.
Finmo is the next-generation Treasury Operating System (TOS) for global companies built on real-time payments (RTP) rails. Finmo lets you collect money, make payments, manage cash and liquidity, mitigate financial risks, and comply with financial regulations – all in one place.
Any information provided on this website is for general information purposes only and does not take into account your objectives, financial situation or needs. Please consider our Financial Services Guide and Product Disclosure Statement and if the information is right for you before acquiring the product or service.
Finmo is the next-generation Treasury Operating System (TOS) for global companies built on real-time payments (RTP) rails. Finmo lets you collect money, make payments, manage cash and liquidity, mitigate financial risks, and comply with financial regulations – all in one place.
Any information provided on this website is for general information purposes only and does not take into account your objectives, financial situation or needs. Please consider our Financial Services Guide and Product Disclosure Statement and if the information is right for you before acquiring the product or service.
Confirmation of payee
Eliminate costly misdirected payments through real-time individual and business account verification. Instantly confirm account ownership across borders, reduce costly errors, and ensure every payment reaches the right destination.
How it works
STEP 1
Submit payee details
Whether you're onboarding a beneficiary or processing a payout, Finmo verifies accounts instantly with just a name, bank, and account number.
STEP 2
Verify instantly
Finmo connects to a global network of banks and payment service providers to validate the data.
STEP 3
Review & proceed
Receive per-payee verification results instantly and choose to proceed with the transaction or review details before authorizing the payment.
Core capabilities
Verify in real-time
Finmo instantly verifies account ownership by cross-checking submitted details against global banking networks , giving you complete confidence before any money moves.
Intelligent name matching
Get real-time name match suggestions when submitted details are nearly correct, helping you catch small errors and stay compliant with regional regulations.
Frictionless & Invisible to payees
Verification is fast, automatic, and invisible to your payees. Enjoy the confidence of secure payments combined with a frictionless process that your payees won’t even notice.
Optimized payment workflows
Reduce failed payments
With 10–15% of payments failing due to incorrect account details, automated validation ensures errors are detected in real time, reducing manual errors and streamlining your workflow.
Settle faster
Validated payees ensure fewer disruptions in your payment process, keeping your cash flow predictable and transactions completed on time.
Eliminate penny drops
Finmo replaces test deposits with instant, behind the scenes verification, saving you time and securing every payout.
Bulk verify in seconds
Easily upload your complete payout list and let the system instantly verify every recipient in one go. Add custom overrides directly in your file based on verification results, giving you full control over how each payment gets processed.
FAQ
Frequently asked questions
FAQ
Frequently asked questions
What is Payee Verification?
How does it work in real-time?
Will this slow down the payouts?
What is Payee Verification?
How does it work in real-time?
Will this slow down the payouts?
List of countries for which CoP is available:
Australia *
Argentina
Bangladesh
Belgium
United Kingdom
France
Korea
Indonesia
Nigeria
Nepal
Uganda
Vietnam
Malaysia
Uruguay
Peru
Turkey
Italy
Netherlands
Poland
Europe *
* Mandatory to have CoP in place for local payouts (No additional fees or charges are applicable)
Streamline cash, Power your growth
Stay ahead with intelligent cash forecasts, real-time risk visibility, and insights that drive better decisions.
Confirmation of payee
Eliminate costly misdirected payments through real-time individual and business account verification. Instantly confirm account ownership across borders, reduce costly errors, and ensure every payment reaches the right destination.
How it works
STEP 1
Submit payee details
Whether you're onboarding a beneficiary or processing a payout, Finmo verifies accounts instantly with just a name, bank, and account number.
STEP 2
Verify instantly
Finmo connects to a global network of banks and payment service providers to validate the data.
STEP 3
Review & proceed
Receive per-payee verification results instantly and choose to proceed with the transaction or review details before authorizing the payment.
Core capabilities
Verify in real-time
Finmo instantly verifies account ownership by cross-checking submitted details against global banking networks , giving you complete confidence before any money moves.
Intelligent name matching
Get real-time name match suggestions when submitted details are nearly correct, helping you catch small errors and stay compliant with regional regulations.
Frictionless & Invisible to payees
Verification is fast, automatic, and invisible to your payees. Enjoy the confidence of secure payments combined with a frictionless process that your payees won’t even notice.
Optimized payment workflows
Reduce failed payments
With 10–15% of payments failing due to incorrect account details, automated validation ensures errors are detected in real time, reducing manual errors and streamlining your workflow.
Settle faster
Validated payees ensure fewer disruptions in your payment process, keeping your cash flow predictable and transactions completed on time.
Eliminate penny drops
Finmo replaces test deposits with instant, behind the scenes verification, saving you time and securing every payout.
Bulk verify in seconds
Easily upload your complete payout list and let the system instantly verify every recipient in one go. Add custom overrides directly in your file based on verification results, giving you full control over how each payment gets processed.
FAQ
Frequently asked questions
FAQ
Frequently asked questions
What is Payee Verification?
How does it work in real-time?
Will this slow down the payouts?
What is Payee Verification?
How does it work in real-time?
Will this slow down the payouts?
List of countries for which CoP is available:
Australia *
Argentina
Bangladesh
Belgium
United Kingdom
France
Korea
Indonesia
Nigeria
Nepal
Uganda
Vietnam
Malaysia
Uruguay
Peru
Turkey
Italy
Netherlands
Poland
Europe *
* Mandatory to have CoP in place (merchants will no be charged)
Streamline cash, Power your growth
Stay ahead with intelligent cash forecasts, real-time risk visibility, and insights that drive better decisions.
Confirmation of payee
Eliminate costly misdirected payments through real-time individual and business account verification. Instantly confirm account ownership across borders, reduce costly errors, and ensure every payment reaches the right destination.
How it works
STEP 1
Submit payee details
Whether you're onboarding a beneficiary or processing a payout, Finmo verifies accounts instantly with just a name, bank, and account number.
STEP 2
Verify instantly
Finmo connects to a global network of banks and payment service providers to validate the data.
STEP 3
Review & proceed
Receive per-payee verification results instantly and choose to proceed with the transaction or review details before authorizing the payment.
Core capabilities
Verify in real-time
Finmo instantly verifies account ownership by cross-checking submitted details against global banking networks , giving you complete confidence before any money moves.
Intelligent name matching
Get real-time name match suggestions when submitted details are nearly correct, helping you catch small errors and stay compliant with regional regulations.
Frictionless & Invisible to payees
Verification is fast, automatic, and invisible to your payees. Enjoy the confidence of secure payments combined with a frictionless process that your payees won’t even notice.
Optimized payment workflows
Reduce failed payments
With 10–15% of payments failing due to incorrect account details, automated validation ensures errors are detected in real time, reducing manual errors and streamlining your workflow.
Settle faster
Validated payees ensure fewer disruptions in your payment process, keeping your cash flow predictable and transactions completed on time.
Eliminate penny drops
Finmo replaces test deposits with instant, behind the scenes verification, saving you time and securing every payout.
Bulk verify in seconds
Easily upload your complete payout list and let the system instantly verify every recipient in one go. Add custom overrides directly in your file based on verification results, giving you full control over how each payment gets processed.
FAQ
Frequently asked questions
FAQ
Frequently asked questions
What is Payee Verification?
How does it work in real-time?
Will this slow down the payouts?
What is Payee Verification?
How does it work in real-time?
Will this slow down the payouts?
List of countries for which CoP is available:
Australia *
Argentina
Bangladesh
Belgium
United Kingdom
France
Korea
Indonesia
Nigeria
Nepal
Uganda
Vietnam
Malaysia
Uruguay
Peru
Turkey
Italy
Netherlands
Poland
Europe *
* Mandatory to have CoP in place for local payouts (No additional fees or charges are applicable)
Streamline cash, Power your growth
Stay ahead with intelligent cash forecasts, real-time risk visibility, and insights that drive better decisions.
Confirmation of payee
Eliminate costly misdirected payments through real-time individual and business account verification. Instantly confirm account ownership across borders, reduce costly errors, and ensure every payment reaches the right destination.
How it works
STEP 1
Submit payee details
Whether you're onboarding a beneficiary or processing a payout, Finmo verifies accounts instantly with just a name, bank, and account number.
STEP 2
Verify instantly
Finmo connects to a global network of banks and payment service providers to validate the data.
STEP 3
Review & proceed
Receive per-payee verification results instantly and choose to proceed with the transaction or review details before authorizing the payment.
Core capabilities
Verify in real-time
Finmo instantly verifies account ownership by cross-checking submitted details against global banking networks , giving you complete confidence before any money moves.
Intelligent name matching
Get real-time name match suggestions when submitted details are nearly correct, helping you catch small errors and stay compliant with regional regulations.
Frictionless & Invisible to payees
Verification is fast, automatic, and invisible to your payees. Enjoy the confidence of secure payments combined with a frictionless process that your payees won’t even notice.
Optimized payment workflows
Reduce failed payments
With 10–15% of payments failing due to incorrect account details, automated validation ensures errors are detected in real time, reducing manual errors and streamlining your workflow.
Settle faster
Validated payees ensure fewer disruptions in your payment process, keeping your cash flow predictable and transactions completed on time.
Eliminate penny drops
Finmo replaces test deposits with instant, behind the scenes verification, saving you time and securing every payout.
Bulk verify in seconds
Easily upload your complete payout list and let the system instantly verify every recipient in one go. Add custom overrides directly in your file based on verification results, giving you full control over how each payment gets processed.
FAQ
Frequently asked questions
FAQ
Frequently asked questions
What is Payee Verification?
How does it work in real-time?
Will this slow down the payouts?
What is Payee Verification?
How does it work in real-time?
Will this slow down the payouts?
List of countries for which CoP is available:
Australia *
Argentina
Bangladesh
Belgium
United Kingdom
France
Korea
Indonesia
Nigeria
Nepal
Uganda
Vietnam
Malaysia
Uruguay
Peru
Turkey
Italy
Netherlands
Poland
Europe *
* Mandatory to have CoP in place for local payouts (No additional fees or charges are applicable)
Streamline cash, Power your growth
Stay ahead with intelligent cash forecasts, real-time risk visibility, and insights that drive better decisions.