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In online banking, why can’t I see or edit my payee’s address or phone number?

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Question added by Siham Amer , Financial Analyst , Noor Al Hikmah Group
Date Posted: 2019/01/31
Faheem Nayyer
by Faheem Nayyer , assistant accountant , ORASCOM CONSTRUCTION INDUSTRIES L.L.C

Due to confidentiality issues of payee

Deleted user
by Deleted user

you can modify all your details...phone number, adress...

Cylpha Mae  Allado
by Cylpha Mae Allado , Accountant , Mapletech Electro Mechanical Contracting & GM

Due to the reason that payee had a restricted security for the purpose of confidentiality in privacy policies

dickens owembabazi
by dickens owembabazi , logistics officer , microhaem scientifics and medical supplies ltd

because of the restrictions put for security

Athar Zeeshan
by Athar Zeeshan , Banking Service Officer , Allied Bank Limited

Due to the Confidentiality of payee's account information, and this infomation is personal and banking system is based on the trust, so if the access of mainipulation in payee's address or phone number is given then, it will create a lot of problems in banking system specially in Moneylaundering or misellenous transections through  online banking channels. 

Mohammad Mahmoud Al-Hadidi
by Mohammad Mahmoud Al-Hadidi , Acting Finance Manager , Mohammed Ali Al Swailem Group of Companies (MASCO)

it is considered confidential data, also to prevent fraud.

Benedict Errol Purcia
by Benedict Errol Purcia , Executive Vice President , PRR LABOR SERVICES

Online banking offers security both to the payor and the payee. The payor does not have any right to access the payee's account details as part of the security nad confidentiality measures.

Navin Kumar
by Navin Kumar , Manager , HARSHOTI ASSOCIATES

Due to confidentiality and Privacy policies of the bank.

William Gonsalves
by William Gonsalves , Group Operations Manager , Chiabadi Group of Mountain Retreats,Resorts & Spa's

Due to confidentiality you cannot see or edit.

Said  Ezzat
by Said Ezzat , Group CFO , مشكاة الاضاءة

Due to confidentiality issues of payee security porposes 

 

 

Mohamed  Shaheem
by Mohamed Shaheem , Senior Administrator , ibn Ajayan Projects

 Bank account numbers are typically unique identifiers assigned to individual accounts, but they do not contain any information about the account holder's name, address, or other personal details.

 

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