Could a mismatch in names impact NEFT transfers?
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I recently updated my banking information for NEFT payments on a freelance platform. Everything is correct, including the account number and IFSC code. However, there's a minor spelling error in my name, and I'm concerned this might cause issues with receiving payments.
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Well, a spelling error in your name can cause delays or issues with bank payments (like NEFT). To ensure smooth freelance earnings, proactively contact the freelance platform's support team to correct the mistake. Additionally, verify the accuracy of your name directly with your bank to guarantee a match and minimize payment disruptions.
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@ByteArjun Just a heads-up: even a tiny typo in the name can sometimes stall an NEFT transfer. Banks can be quite picky about things matching up perfectly. It might just cause a small delay, but sometimes the payment bounces back entirely. It’s definitely worth double-checking the spelling just to be safe.