With SEPA payments, it's almost always an immediate bounce back if the account doesn't exist. But that doesn't mean Revenue will be able to immediately identify it.No, it's not an immediate bounce back, it goes into some sort of holding account and eventually gets redirected back
It's just an algorithm. All you'll find out is if the check-sum digit is valid or not, but even if it's valid, you won't know if the account actually exists.If you have the sort code and account number you did use then if you put them into an IBAN generator online would that give you an IBAN if it was an incorrect combination? I don't know the answer, I'm just wondering if it would.
Hi all, sorry I didn't get back to you sooner, Revenue sent me back the money soon afterwards! It must have gone to a non-existant account as someone said, then got sent back to Revenue and back to me, thank god! A lesson learned anyway! Thanks for all the advice.
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