What are the additional validation requirements for payment recipients?
From 01/02/2024 onward, the following additional validation requirements will apply to your Centtrip payment recipients, to ensure greater accuracy and enhanced security around your transactions.
1) Recipient Name
Initials -
Full names are required; recipients which have only an initial in the first name or last name field for individuals will not be accepted. Each name field must contain at least one full name part
Examples:*
| First Name | Last Name | Accepted? |
|---|---|---|
| Joe | B. | NO |
| J. | Bloggs | NO |
| Joe | Bloggs | YES |
| Joe M. | Bloggs | YES |
| Joe | M. Bloggs | YES |
* This applies only for beneficiaries of type 'individual'.
Numeric Characters -
Individual's names should not include any numbers. Company names can include numbers, but should not be made up entirely of numbers.
Examples:
| First Name | Last Name | Accepted? |
|---|---|---|
| Joe | 12B | NO |
| J121 | Bloggs | NO |
| Joe | Bloggs | YES |
| Joe M. | Bloggs | YES |
| Joe | M. Bloggs | YES |
| Company Name | Accepted? |
|---|---|
| 12345678 | NO |
| Acme 12 Ltd | YES |
Company Signifiers -
Company signifiers (e.g. Ltd, Inc, SA, GMBH etc.) must not be included in the Last Name field for individual recipients.
Example:
| First Name | Last Name | Accepted? |
|---|---|---|
| Joe | Bloggs Ltd. | NO |
| Joe | Bloggs Inc. | NO |
2) Recipient Address Details
The beneficiary address fields should not be populated with only numeric characters:
| Address | State/Province | City | Accepted? |
|---|---|---|---|
| 12 Acme Road | 123456 | 34235 | NO |
| 12 Acme Road | 123456 | LASD1415352 | NO |
| 123424 | Illinois | LASD1415352 | NO |
| 12 Acme Road | Illinois | LASD1415352 | YES |
| 12 Acme Road | Illinois | Chicago | YES |
Before making a payment to a recipient in your Centtrip account, please check that these requirements are met. If not, you can vist Add Recipient and set your beneficiary up as a new recipient.