Introduction 

From July 2025, banks across Australia will begin rolling out Confirmation of Payee. This added layer of security gives customers greater confidence when sending money.


https://www.ausbanking.org.au/scam-safe-accord/confirmation-of-payee/

https://www.auspayplus.com.au/solutions/confirmation-payee



List



ANZhttps://www.anz.com.au/security/how-we-protect-you/confirmation-of-payee/
CBA
Great Southern Bank
IMB
MACQUARIEhttps://www.macquarie.com.au/help/personal/payments-transfers-and-deposits/payments-and-transfers/confirmation-of-payee.html
NABhttps://www.nab.com.au/help-support/personal-banking/manage-payments-transfers/confirm-payee
WESTPAChttps://www.westpac.com.au/security/how-we-protect-you/westpac-verify/





EXACT account name: Teresa Tran and Associates

use Teresa Tran and Associates to get EXACT match response

Teresa Tran and Co only goes close approximation but its still okay. 


using "&" DOES NOT give exact match


ANZ

correct

teresa tran and co

teresa tran and associates


error


CBA

correct

teresa tran and co

teresa tran and associates


low level of matching of CBA

if you type the wrong account details and that wrong account details has the name of Teresa - then that is a risk

However, the risk of that is very low.

 


error



20251002 that time cba had a crash


Macquarie

correct

teresa tran and co

teresa tran and associates


error


NAB

correct

teresa tran and co

teresa tran and associates


error


WESTPAC

teresa tran and co

teresa tran and associates
you have to use "AND"




 




using "&" DOES NOT give exact match


error