Maksunsaajan

Maksunsaaja is the Finnish term for the recipient of a payment—the party to whom money is paid. The genitive form maksunsaajan is used when referring to something belonging to or related to the recipient, for example maksunsaajan tilinumero (the recipient’s bank account number) or maksunsaajan nimi (the recipient’s name). The maksunsaaja may be an individual, a company, or another legal entity and can be a salary recipient, supplier, customer, or beneficiary of a transfer.

In practice, maksunsaaja appears in banking, invoicing, payroll, and government payments. In a salary payment, the employer is the maksaja, and the employee is the maksunsaaja. In supplier payments, the customer is the maksaja, while the supplier is the maksunsaaja. In welfare or tax payments, the beneficiary is the maksunsaaja.

Documentation and processes: Payment orders and bank forms require identifying the maksunsaajan. Accurate maksunsaajan information helps ensure funds reach the intended recipient and reduces processing errors. In cross-border transactions, the maksunsaajan’s official name, address, and bank details are essential for compliance and record-keeping.

Legal and practical notes: The designation clarifies who has the right to receive funds and who is obligated to remit them. While widely used in Finnish financial language, equivalents exist in other languages; in Finnish contracts, the term maksunsaaja may appear alongside maksaja to specify payment flows.