Payout Descriptor

How the sender's name appears on a recipient's bank statement varies by payment method and whether Named Account is enabled.

Summary

A payout descriptor is the sender name shown on the recipient's bank statement. By default it shows BlindPay's name (or "Nvio Pagos" for ACH Colombia and Transfers 3.0 Argentina). ACH, Domestic Wire, and International SWIFT support Named Accounts, which display the customer's own name instead.

Descriptor by Payment Method

Payment MethodScenarioPayout Descriptor
ACH (U.S.)No Named AccountBlindPay's name
ACH (U.S.)Named Account enabledCustomer's name
Domestic Wire (U.S.)No Named AccountBlindPay's name
Domestic Wire (U.S.)Named Account enabledCustomer's name
International SWIFTNo Named AccountBlindPay's name
International SWIFTNamed Account enabledCustomer's name
RTP (U.S.)All transfersBlindPay's name
PIX (Brazil)All transfersBlindPay's name
SPEI (Mexico)All transfersBlindPay's name
ACH ColombiaAll transfersNvio Pagos
Transfers 3.0 (Argentina)All transfersNvio Pagos

Named Accounts

ACH, Domestic Wire, and International SWIFT support Named Accounts, which display the customer's own name as the payout descriptor. To enable named accounts for a customer:

  1. Contact BlindPay and specify which customer you want to enable named accounts for.
  2. Allow up to 5 business days for the request to be processed.

Once enabled, recipients see the customer's name on their bank statements instead of BlindPay's name.

Note: Named account requests must be submitted to BlindPay directly and take up to 5 business days to process.

Questions? Reach our team at support@blindpay.com.
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