Security is a top priority at Mimo, and all payments (UK) have Confirmation of Payee enabled. Confirmation of Payee is a bank account check to ensure that the details we have in Mimo on a UK payee (Name, Sort code, Account number) all match with what the receiving bank has on record.

It’s purely a safety measure to ensure payments end with the intended recipient. It will apply to all new suppliers, and you will see a new button, 'Check payees', in the payment flow.

Before paying any supplier, their bank details—like any recipient’s—must be confirmed through multi-factor authentication. You can authorise multiple suppliers simultaneously.

Mimo also retrieves bank details from sources such as accounting software or invoices. We display the bank details we found, along with the source of the information. You can easily click on the invoice to view the PDF within Mimo and verify the bank details.