• Guidance: how to update a Domestic Payment Beneficiary on Corporate Online

    Updating Domestic Payment Beneficiaries

    Please click here to find out how to update a beneficiary on Corporate Online.

    Step by step guide

    Corporate Online

    If you want this payment template to be automatically moved to Commercial Banking Online, you may need to make changes to the following: (1) Beneficiary Account Name/Beneficiary Name (2) Beneficiary Sort Code (3) Account Number (4) IBAN

    Guidance: how to update a Domestic Payment Beneficiary on Corporate Online(1)

    Figure 1. Changes to be made to the Domestic Payment Beneficiary payment template

    Number (see screenshot)

    Field name in Corporate Online

    Change to this field in Commercial Banking Online

    Impact

    Action required

    1

    Beneficiary Name/Beneficiary Account Name

    It is mandatory to populate the Beneficiary Name and Beneficiary Account Name field. 

    Beneficiary Name can be up to 35 characters long. Any special characters that are not permitted will be automatically removed.

    Beneficiary Account Name can be up to 18 characters long

    A beneficiary without a Beneficiary Name and Beneficiary Account Name will not be moved.

    If Beneficiary Name field is over 35 characters long it will be automatically shortened.

    If Beneficiary Account Name is over 18 characters it will be automatically shortened.

    Provide a Beneficiary Name or Beneficiary Account Name.

    Check the field is a maximum of 35 characters.

    2 and 3

    Beneficiary Sort Code and Account Number

    These are mandatory fields if the IBAN field is not completed.

    The sort code must be 6 digits and the account number must be 8 digits.

    The sort code and account number must be for a valid account.

    A beneficiary without a valid IBAN or valid sort code/account number will not be moved.

    Provide a valid sort code and account number if an IBAN has not been provided.

    4

    IBAN

    This is a mandatory field unless the sort code and account number fields are populated.

    IBANs must be valid, meaning:

    • the first two characters must be GB
    • the length must be between 15 and 34 characters
    • it cannot contain non-alphanumeric characters.
     

    A beneficiary without either a valid IBAN or a sort code/account number will not be moved.

    Provide a valid IBAN if the beneficiary does not have the sort code and account number filed completed.

    5

    Reference

    This field can be up to 35 characters in length.

    If the field is over 35 characters long it will be automatically shortened.

    Check the Reference is a maximum of 35 characters.

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