Why am I seeing different account types in Confirmation of Payee?

This means the account type you’ve entered (e.g. personal) is different from the account type provided to us by the recipient’s bank (e.g business). This information is relevant as fraudsters may try to convince you that you are paying into a business account when it is just a personal account. Again it’s important you double check to check that the account type is a match and legitimate before proceeding. If you proceed without a match, and it turns out that your payment is sent to the wrong payee, we may not be able to get your money back.