Why doesn't ABC show the other party's name on the receipt?

1. When making payment, the receipt will not show the name of the other party, but only the name of the other party's bank account. However, in the process of remittance, most banks will display the name of the payee (generally only part of the name will be displayed), which is easy to check.

2. The purpose of cash remittance by Agricultural Bank of China is to require the remitter to show his identity card, so as to comply with the provisions of the Anti-Money Laundering Law and maintain and implement the requirements for depositing money in real-name registration system. In the process of remittance, the name of the remitter will not be entered in the system, so the other party cannot find out who remitted the money. Even if the other party inquires in the local agricultural bank, it can only find out where the money was remitted, but can't see the name of the remitter. Therefore, after remittance, the remitter needs to inform the other party to check whether the money has arrived. If it is a card-to-card transfer, the other party can find out which bank card has been transferred, and then know whose bank card it is. So if you remit money in cash, the other party can't find the name of the remitter.