I've just had this re. my NatWest business account:

Last November we let you know all major banks had signed up to a new industry code, Confirmation of Payee (CoP).

CoP is an account name checking service that will check if the payment details entered for a person or business match the details their bank holds.

These new rules are coming into effect now and while all UK banks will be introducing Confirmation of Payee, they may launch this service at different times. So it’s important that you take some steps now to make sure future payments aren’t delayed.

What do I need to do? 

Receiving payments 

When receiving any single UK Faster Payment and CHAPS sterling payments:

•   If you’re asking someone to pay you, make sure they’re aware of the correct name to use i.e. your exact account name, which may be different from your trading name. 

•   Make sure any parts of your business that deal with payment-related customer queries are aware of CoP and can provide the correct details to payment originators.

 

Making payments

When making any single UK Faster Payment and CHAPS sterling payments: 

•   If you’re creating a new payee or amending one in Online Banking or Bankline, it’s important to make sure you have the correct name of the account you’re making the payment to.

 •   Review any payee details you have stored in Online Banking or Bankline to ensure that the details you already have are correct. You should pay particular attention to those where you make payments to a payee infrequently or haven’t made a payment for a while.

 •   You’ll also need to specify whether the payment is being sent to a personal or business account.

I have just been to the Natwest 'Questions about Confirmation of Payee' page available online, the Question "Can Cop stop a payment being made?" has this answer;

"No, you will have to decide whether to proceed with the payment once you have read the confirmation of payee response.  If you decide to continue with the payment where you are advised to check with the recipient, and decide to proceed without checking, we may not be able to recover the money you send if it goes to an unintended recipient."

Which supports what I've seen elsewhere being the payment can go through without the account name.

And from another bank website ;

That name does`n’t match that account number

The name you’ve entered is significantly different to the actual name on the account. You can go ahead anyway if you wish, but it’s best to contact your payee to confirm the correct account name and details.

We can’t check these details

Your payee’s account doesn’t let us confirm their details. This might happen if their bank isn’t set up for CoP account name checks, or it’s a type of account that can’t be checked at all. You can go ahead anyway if you wish, but it’s best to go back and check to make sure.

Hi Everyone,

How much do you charge for car travel per mile? If travelling by train, do you add a time component as well as the ticket price? If so how much?

How much deposit do you take? What is your policy on returning the deposit if they cancel? Eg do you keep it if they give less than 24 hours' notice?

Also the only frictionless way of taking deposits without revealing my real name seems to be with Amazon vouchers. However I really want to avoid giving any more money to Jeff Bezos! Are there any other e-vouchers that are widely accepted?

It's not foolproof but get the client to confirm the morning of your booking. I get all my clients to confirm by 10am the day of the booking. If they don't, I don't leave the house. *Touch wood*, I've never had a gentleman confirm and not turn up, either at the flat or on an outcall.

Welcome to the forum btw.

Yes this is effective, timewasters usually call you on the spur of the moment, and then forget about it, those who follow through with a later confirmation are likely to turn up

Hi Everyone,

How much do you charge for car travel per mile? If travelling by train, do you add a time component as well as the ticket price? If so how much?

How much deposit do you take? What is your policy on returning the deposit if they cancel? Eg do you keep it if they give less than 24 hours' notice?

Also the only frictionless way of taking deposits without revealing my real name seems to be with Amazon vouchers. However I really want to avoid giving any more money to Jeff Bezos! Are there any other e-vouchers that are widely accepted?

I don't charge per mile partly because that may not be representative of the time required for the travel, I apply extra based on drive time.

Deposits I take on a non-refundable basis, and usually do not transfer to a different date. If I cancel I refund or transfer but not if the client has breached one of my basic terms and conditions. For example if they are under the influence of drugs or alcohol I may walk and I tell them this when I accept the booking.

I am super cautious about 'committing' to a 2hr booking with an unknown client. Infact, depending on how old or young they sound, I usually limit it to the 1hr (to generalise, anyone under 35 may expect 120 minutes of sex-stuff or be under the influence, whereas old folk like me usually like a brew and a chat  )

Are you always happy to stay the full duration Nadya?

I only do outcalls, so I have no alternative to offer them and am happy to drive for an hour to stay for an hour, or even 45 minutes..(less pressure and expectation)

Deposits or proof of address are necessary, but again I can be abit ageist - an old timer in his late 70's may struggle with supplying things over the Internet and may be infirm.

Intuition works instead in this case 

I rarely have one of those monster f*ckers who want to spend 120 constantly shagging, thank goodness.  My clients tend to be older and love a good GFE so there is often plenty of preamble getting to know you and a good drink.  Two hours goes by much quicker when you have a Vodka in your hand whilst they are telling you about their day.  Also many  are not able to keep an erection for long so lots of build up, lots of cool down and the actual physical stuff is a fairly short time. 

I spent some time watching a film with one older man.  If someone wants a shorter time, I always advise them to look for someone closer to them, if they want me, they can come to me and get a room or they need to book me for longer, that is the only choice I give them. 

Not sure how relevant / whatever it is but I’ve just paid someone from a lloyds account to their hsbc account. I know there’s was hsbc bc it said they were checking with hsbc regarding the details attached to that account.
And I had put the person initials in as their name, it then came up in huge capitals with their full name saying “that account belongs to A**** L**** K******** is that the account you want to pay blah blah “

So... be careful x

Any escorts here who asks for deposits/cab paid in advance tired of this stupid excuse? Is asking for deposit/cab paid in advance for outcall common? I started because time wasters who stopped answering their phone or gave me a fake address were a regular occurrence.