Personal Finance & Money Asked on February 28, 2021
I recently received a sepa payment from a third party across Europe. As I needed to give back some of the money received, I tried to find the payee’s iban but it wasn’t among the transaction’s data.
I contacted my bank (one of the new, “modern” UK online only banks).
They told me that as part of their policy, for confidentiality they do not disclose the payee’s iban. I raised a complaint to no avail.
I was mostly surprised as:
Now my only option is to complain with the Ombudsman (possibly to change bank!).
If possible, I’d like to know:
I would like to contact the Ombudsman, but only if it makes sense. Any advise is welcome.
He knows your IBAN because you gave it to him, not the bank.
Why don't you try to get it from him?
I doubt that you have a right to get this information, but I cannot cite any laws.
On the other hand, in Europe's banking system, the only thing you can do with someone account information is send him money (not like in the US). I wouldn't have a problem publishing mine. Actually, many businesses piblish their IBANs on their website.
You can always reject the received money, which doesn't give you the IBAN, but the bank will get the money back to him.
Answered by Aganju on February 28, 2021
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