# Confirmation of Payee \(CoP\) and Payer Name Verification \(PNV\)

> A sourced UK public sector contract award published by The Insolvency Service.

## Key facts

- Buyer: [The Insolvency Service](/buyers/the-insolvency-service/contract-awards)
- Supplier: [PAYPOINT PLC](/suppliers/paypoint/public-sector-contract-awards)
- Award value: £70,000
- Tender value: £70,000
- Award date: 25 November 2025
- Published: 27 November 2025
- Contract start: 1 December 2025
- Contract end: 1 December 2026
- Stage: awarded
- Procurement category: services
- Notice ID: f4d09502-ff1c-42ce-8249-c202b9d40a56-873833
- OCID: ocds-b5fd17-39405bb8-67a3-4c93-b1c2-3f5610967160

## Description

A service to validate and verify bank account details for payees to ensure they are accurate and correct\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/f4d09502-ff1c-42ce-8249-c202b9d40a56-873833)