Can anyone advise of how they’re currently accepting deposits to their business accounts?
Now that Confirmation of Payee has been more universally introduced, my Trading As name on my sole trader accounts (Monzo and Starling) is flagging up as not being the name on the account. I’ve spoken to Customer Service for both and they’ve said that as they’re complying with CoP, the only accounts able to utilise Business Names/Trading As names are Ltds and those paying in will need to use my full name.

The only work around I could possibly think of would be to actually register with Companies House but then my name and address would be public (unless I then paid for digital office space but that doesn’t help my name concern).

Does anyone know if high street banks are the same?

I had this issue with Mon zo business. It started telling clients my legal name registered on the account, despite them typing in my business account name correctly. I closed my account with them and opened one with T i d e instead. I asked one of the same clients to test the T i d e account (who was already kindly given my legal name by Mo nzo) via his NWest, and checked myself making transfers into it using my business name + sort code + acc no, from my own personal Mon zo and Bar clays accounts. It just says for all that the details cannot be confirmed and you have to agree to proceed anyway, and take the supposed fraud risk.

As far as I know from looking at that time, only T i d e and M e t r o hadn't signed up to CoP, so they should both be fine. Although signing up with Ti de online was painless, not sure how easy getting a Me tro account is unless you have a good front for what you do for work. I've been using it for deposits and full payments since August and had no issues. Fingers crossed they don't bother with CoP in the future...

I also have a Tide business account and I've had no problems so far. My work name is listed as the business name and that's what shows up if I transfer money out, and I've never had a problem when people pay money in. Hopefully it'll stay this way because I can't go back to Amazon vouchers now!

That sounds really good Cass, I've been thinking of getting a business account to make it easier to take payments for phone chat and skype as well as deposits. Was it easy to get an account with Tide? My own bank Lloyds has closed applications for business accounts for now

That sounds great about Tide, can I ask Cass is your website clearly advertising escorting, as I know from past experience its easy to open a bank account as a model/webcammer, but not as an escort or in my case pro domme.

Not sure if anyones used Cashapp but thats what i use for deposits etc.. no personal information needs to be exchanged so it puts the clients at ease too . But often get the issue where they dont want to pay deposits anyway .   Xx

That's interesting. I'll look that up on utube.

I've been using amazon digital vouchers. They can be sent by email so I think it's all anonymous. 

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Yes making arrangement to accept other forms of payment for services offered on AW, such as photos, video, webcam, phone chat using AW systems eg their email or discussion when on direct cam/phone chat is against their rules.

Ahhh I see. So AW must have thought I was trying to get money for things I can get credits for when really I was trying to sort out a deposit for a meet 

That message is on everyone's profile I am sure, I think it's on a link or some sort of FAQ. Might even be in the email form.

Right I found it, click on the 'authentic member' link on anyone's profile, there's a list of FAQs. Open those up one by one, one as has wording you mention.