IBAN Name Check: No Restrictions Expected for Donations

When it comes to donations, people in Austria traditionally prefer to use payment slips. According to surveys, one in three donors states that they donate via payment slip. However, in recent weeks, donors have become increasingly uncertain about whether donations via payment slip will still be possible in the future. The background is the introduction of the so-called IBAN name check on October 9, 2025.

Concern about IBAN Name Check from October 9

The IBAN name check is being introduced EU-wide and is intended to better protect consumers from potential transfer fraud. It affects all SEPA transfers - whether online, via app, or at the counter. "The Fundraising Association Austria makes it clear: donations via payment slip will of course continue to be possible. The new IBAN name check is merely intended to protect against incorrect transfers and fraud cases," emphasizes Ruth Williams, Managing Director of the Fundraising Association Austria.

Complications with Donations Are Unlikely

The check verifies whether the entered recipient name matches the IBAN. If the name and IBAN do not match exactly (e.g., due to abbreviations or alternative spellings), a warning may be issued in the future - however, the transfer is not automatically blocked and can still be carried out if desired. Charitable organizations have long ensured that their account names are consistent and clearly traceable in light of the security measure starting on October 9. If the check still results in a negative outcome, the Fundraising Association Austria recommends that donors first contact the donation organization directly to clarify the correctness of the payment slip.

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This article has been automatically translated, read the original article here.