Why does my payee still see Statrys name on their payment advice instead of my company name?
With Statrys having its own SWIFT code, your business partners should now see your company name instead of Statrys name when they receive funds from you. However, there are certain situations where your payee may still see Statrys' name on their payment advice.
One such scenario is when the payment is made using a local FPS method. In these cases, the receiver may see that the funds are coming from Statrys.
To address this issue and provide your payee with the correct payment information, we can generate payment advice for that specific transfer for you. This document, which you can forward to your payee for their record, will show that the payment is indeed originating from your company.