Is it possible to find out who owns the wallet number before transferring the money? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Is it possible to find out who owns the wallet number before transferring the money?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

In some transfer paths, the beneficiary's name or part of it may appear as a verification step before confirmation, but this depends on the service and the wallet provider.

Key points

  • If an unexpected name appears, do not complete the transaction.

  • For large transfers or first-time transactions, confirm the wallet number with the recipient through a separate channel and check the displayed name instead of relying solely on the number.

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