Marcus Bateman

Senior Product Manager - UK Products at Form3 Financial Cloud

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Bio Senior Product Manager for Form3 Financial Cloud, a new and innovative company providing FinTech solutions to Financial Institutions. Career History Previously Director for RBS Domestic payment Product Management team. This included UK payments products including Bacs, Faster Payments, CHAPS, Cheques and Agency Banking.

Blogs

Open Banking

Will every UK financial institution receiving payments require its own Sort Code by July 2019?

11 Oct 2018

[Update 29th October 2018 - I have been asked to clarify that phase 2 of Confirmation of Payee (CoP) will include support for individual collection accounts for financial institutions without the need for a separate sort code.] Will every UK financial institution receiving payments require its own Sort Code by July 2019, as a consequence of t

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