Auswide Bank has introduced Confirmation of Payee (CoP), a new way to help keep your payments safe.
CoP adds a layer of protection for payments to a BSB and account number. It checks the account name, BSB and account number you’ve entered against the details held by the recipient’s bank and lets you know whether it’s a match, helping to reduce your risk of being scammed or sending money to the wrong account.
The service is part of an Australia-wide initiative led by Australian Payments Plus - the team behind BPAY®, Osko®, eftpos®, PayID®, and PayTo® - to make banking safer. You’ll be able to use it automatically through internet banking and our mobile app.
To learn more, visit the Confirmation of Payee page or view our frequently asked questions.
®BPAY and Osko are registered trade marks of BPAY Pty Ltd ABN 69 079 137 518
®eftpos is a registered trade mark of eftpos ABN 37 136 180 366
®PayID and PayTo are registered trade marks of NPP Australia Ltd ABN 68 601 428 737
