Beneficiary Name Display Service (BNDS)

Banca Transilvania makes it easier for customers who fill in a payment order in internet and mobile banking applications by displaying the payment beneficiary’s name in truncated form.

The truncated name is displayed starting from the name of the beneficiary registered in the beneficiary's bank records.

For initiated interbank payments (from BT account to accounts opened with other banks), this facility is offered through the Beneficiary Name Display Service (BNDS), a service administered by the Romanian Association of Banks (ARB), which aims to provide the payer with details regarding the beneficiary’s identity, thus contributing to reducing online fraud specific to IBAN-based transfers.

SANB is an optional additional service to the SEPA RON Credit Transfer Schemes and is available only for interbank payments made to accounts opened with another bank that has joined the Transfond - Transfond - Beneficiary Name Display Service.
The updated list of banks that have joined this service can be found on the website www.transfond.ro, in the section here.

The BNDS database containing truncated names is managed by TRANSFOND and is created based on the information submitted by the Romanian banks providing this service.

For intrabank payments initiated (from BT account to accounts opened with BT) in BT internet and mobile banking applications, a similar facility is offered through a proprietary service developed by Banca Transilvania.

BNDS and the correspondent BT service for intrabank payments automatically display the first name and initial of the beneficiary’s surname (if the beneficiary is an individual) or part of the company’s name (if the beneficiary is a company) to be validated by the payer.

The system is experiencing problems. Try again a little later.

Ask BT is Banca Transilvania's largest online financial education program, with over 2,000 banking questions and answers.

Search suggestions

Disclaimer

AI Search is a pilot project - in beta - that uses GPT-4o technology to simplify the process of finding and understanding banking products.

AI Search is trained to answer questions that are exclusively related to the banking products offered by BT, but in certain situations and depending on the questions asked, it may also answer general questions. The answers provided are automatically generated and are to be used for information purposes only. The service may sometimes provide inaccurate or potentially offensive content, which does not represent the views of Banca Transilvania. You are solely responsible for your use of the content generated by this service in any way. Do not rely on this service for financial, legal or other professional advice and do not enter personal data or other confidential information into this service.

Use of AI Search implies acceptance of the Terms and Conditions.

Access to and use of the service implies your unreserved acceptance of these terms and conditions. If you do not agree to them, please do not use this service. By accepting the terms and conditions to use this service provided algorithmically by an artificial intelligence model, you assume the entire risk as to the quality, safety and performance of this service.

Banca Transilvania does not provide any guarantee in relation to the answers provided by this service.

AI Search provides responses algorithmically and these may sometimes contain inaccurate information or potentially offensive language. This information does not express the position of Banca Transilvania and cannot engage the responsibility of the Bank for the content provided.

AI Search does not provide answers to personalized questions, so by using it you are obligated not to provide or enter any personal data or other confidential information in your messages/questions. In case you do not comply with this obligation, by inserting personal data/confidential information in AI Search, you consent to their processing for the purpose of providing the service (answers to the questions you ask), as well as for the improvement of the algorithmic model of the robot by its developer.

Any information provided by users during their interaction with AI Search will be treated confidentially and will only be disclosed to recipients who have a right and need to know.

The content provided by AI Search is for information purposes only.

Users are responsible for the questions and messages asked when using AI Search. Any abuse or inappropriate language may result in the interruption of the interaction.

AI Search does not provide financial, legal or professional advice and is not a substitute for consulting human experts or professionals specialising in the field. Users should not rely on the information provided by AI Search in making decisions.

The Bank reserves the right to discontinue the AI Search service at any time without prior notice.

Terms and conditions may be revised/updated at any time.

High waiting time!

Search with AI Search

BT Visual Help

Beneficiary Name Display Service (BNDS)

You've reached the end of the results

No results found

High waiting time!

Search with AI Search

BT Visual Help

You've reached the end of the results

No results found

Beneficiary Name Display Service (BNDS)