Hello Binance-Support,
I've read this line in the P2P-User Transaction Policy:
"IV. Sellerβs Instructions:
- The Account owner name you used for collecting payment must be consistent with your registered name on Binance. (The name shall be identical with the KYC Verified name on Binance.)"
I am not sure if this means that the name on the receiving bank account has to be matching with the binance account.
Me and my family share one bank account and I would like to specify that bank account for my P2P-transactions. I do have to specify an intermediary bank for transactions.
The receiving bank assigns it to the correct recipient based on the details provided in the "purpose of payment / reference" field of the transaction - this is the only field where the name of the account holder is entered.
Here a summary: Buyer -> Intermediary Bank -> Receiving Bank (uses the reference line to assign it to the correct recipient)
Is this an issue for me when trading with P2P?
Thanks in advance!
Best regards
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