FIN.

PSR writes to banks and UK Finance on Phase 2 of CoP

PSR has written an open letter to the 6 banking groups directed under its SD10 and to UK finance, on the public commitment to deliver the first part of Phase 2 of Confirmation of Payee.

The banks had confirmed their commitment to deliver the necessary changes by the end of 2021, and the letter welcomes the commitment, and, with it, the hope that more PSPs will join Phase 2.

 

 

Emma Radmore