Is the beneficiary name required to get paid through global payment service

bloupdot

on the global payment service page, i can see i can get money using an IBAN.

In fact, some affiliate program websites who perform payout to SEPA zone, don't ask for a beneficiary name but only the BIC and IBAN. Is the beneficiary name required to get money?

Behind this, i wonder if the IBAN code is shared with other payoneer customers and if the beneficiary name makes the difference with other payoneer customers.