Law firms are entrusted with client money — completion funds, settlements, escrow balances — that can run to very large sums. Criminals know this, which is why the legal sector is heavily targeted by payment-redirection fraud, especially around property completions.
De ce la posta este astfel alta
A redirected completion payment can mean a client loses their house deposit and the firm faces severe liability. Unlike everyday payments, there is often no second chance to recover the funds. Verifying the begunstigde before release is one of the strongest controls available.
Nessuno spazio pentru l'eroare
For client-account payments, a Verification of Payee 'Geen overeenkomst' should be a hard stop. The cost of pausing to confirm is trivial next to the cost of a misdirected completion.
Dove si inserisce la VoP
- 1 Verify the destination account whenever payment details are received or changed.
- 2 Conferma le modificare tramite un canale noto e indipendente — mai l'email care le are inviate.
- 3 Treat a mismatch on a high-value release as a hard stop.
- 4 Registra l'rezultat VoP sulla practică cum prova de conformiteit.
Proteggere il denaro dei clienți
La Verification of Payee de RoxPay dà ai echipă finanziari legali un control la nume în timp real pentru confermare care i plăți de la cont client ed escrow raggiungano la destinazione giusta, fiecare volta.