Verification of Payee for payroll
How payroll and HR teams verify employee salary IBANs before payday — stopping payroll-diversion fraud and misdirected wages.
What Verification of Payee means for payroll
Payroll-diversion fraud is a growing scam: a criminal impersonates an employee and asks HR to change the salary bank details, so the next payday lands in the fraudster's account.
Verification of Payee lets a payroll team confirm that the account holder name matches the IBAN before salaries are paid — catching mismatches whether at onboarding or after a bank-detail change request.
Run across the payroll file before each cycle, the check protects employees' wages and saves the team from the difficult, slow process of recovering a misdirected salary.
Verification of Payee for payroll at a glance
What matters for payroll and HR.
Diversion fraud
Fake bank-detail change requests redirect employees' salaries.
Whole file
Verify every salary IBAN before the payroll run is released.
Before payday
Catch mismatches while there is still time to fix them.
Where the check happens
Verification at the moments that matter for payroll.
- Onboarding
New employee
Verify the salary account holder name against the IBAN at hire.
- Before payday
Payroll run
Validate IBANs across the payroll file before salaries are released.
- On change
Bank-detail change
Re-verify whenever an employee requests new salary bank details.
What payroll teams get with RoxPay VoP
Protecting wages before they are paid.
Stop diversion
Catch fraudulent bank-detail changes before payday.
Batch checks
Validate the whole payroll file in a single pass.
HR audit trail
Logged results support HR controls and dispute handling.
Verification of Payee for payroll
Common questions from payroll teams.
It is a scam where a criminal pretends to be an employee and asks HR or payroll to update their salary bank details, redirecting the next salary payment to the fraudster's account.
By confirming that the account holder name matches the IBAN before salaries are paid, VoP flags a mismatched or fraudulent change before money leaves.
Yes. RoxPay supports bulk checks so payroll can validate every salary IBAN before releasing the run.
Re-verify on any salary bank-detail change request, since this is the exact point payroll-diversion fraud targets.
Protect your payroll
Talk to RoxPay about verifying salary IBANs before every payday.