EU implementation of Verification of Payee with Banfico

Current Account Switch Service Participant Application Form

Application form

By completing this Application Form Applicants:

  • Agree to comply with the application appeals / disputes process detailed overleaf
  • Confirm that they meet and will continue to comply with the Eligibility Criteria as detailed on the Pay.UK website

Please provide below details of two contacts within the Applicant organisation that Pay.UK should contact with regards to this Application.




The section below lists the eligibility criteria for participation in the full and/or partial account switching services. Please mark each box to indicate whether you meet/or expect to meet each of the requirements when you become a participant in the Account Switching Services. If you currently do not meet one or more of the requirements listed, please provide more detail of why and what actions will be taken in the space provided.



Carry out business and operate an office within the UK or European Economic Area.



Be able to send and receive CHAPS and /or Faster Payments – this may be through an Agency Agreement.



Offer, or be about to launch, current accounts – (the partial service also supports a wider set of account types and customer segments than the full service.



Who is you current Sponsor and BACS registering member bank.

Thank you for your enquiry.

Once notified that the Application has been successful any successful Applicants will be asked to complete a mutual NDA between the Applicant and Pay.UK.