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What does VIA MOBILE - LVP on my statement mean?

The wording 'VIA MOBILE - LVP' on your statement means:

  • either you have made a payment via 'Pay someone new' in the Mobile app using just an account number and sort code
  • or you have received a payment from someone who also uses our app and has sent you money using 'Pay someone new'

What is 'Pay someone new'?