How do I know if VoP will be applied to a payment?

If the Convera entity that provides services to you is Convera Europe S.A. (or one of its branches) or Convera Malta Financial Limited and you are making a euro-denominated credit transfer to a beneficiary located in the Eurozone, Verification of Payee (VoP) will apply to your payment.

VoP will be made available both for single payments submitted individually or within an order, file, or batch, and to multiple payments submitted together in an order, file, or batch. For multiple (“batch”) payments, please note the opt out rules set out in point 8 below.