Ummm ... do your banks show you the payment reference in their list of existing payees? All of mine don't show you that until you select one.Stompa wrote:I suffer from the same problem. I must admit it had not occurred to me to use the payee name for this purpose, and I instead use the payment reference field, which is not ideal but better than nothing.mc2fool wrote:The problem with that is that, in my case at least, the great majority of payees in most of my accounts are myself, i.e. my savings and current accounts with other banks. At the moment I take advantage of the fact that the name isn't checked and name them appropriately, e.g. "SAN 123 AC", "BOS 87654321", "LSB IAI3" (Lemon Savings Bank Instant Access Issue 3), etc, etc.
However, once the payee name is checked and I have to put in the real name, i.e. mine, then unless the banks implement a separate identifier to appear in the list of payees that one chooses from, then I will just have a long list of "mc2fool", "mc2fool", "mc2fool", "mc2fool", "mc2fool", etc.
It's also problematic as some savings accounts don't have "direct" accounts numbers but require you to send funds to a common sort code & account number and put your individual account number in as the reference.