diff --git a/app/models/bank_transaction.rb b/app/models/bank_transaction.rb
index 69cf6fc2a8..a610b41f88 100644
--- a/app/models/bank_transaction.rb
+++ b/app/models/bank_transaction.rb
@@ -38,11 +38,7 @@ def autobind_invoice(manual: false)
     return unless invoice
     return unless invoice.payable?
 
-    channel = if manual
-                'admin_payment'
-              else
-                'system_payment'
-              end
+    channel = manual ? 'admin_payment' : 'system_payment'
     create_internal_payment_record(channel: channel, invoice: invoice,
                                    registrar: registrar)
   end
@@ -121,7 +117,12 @@ def parsed_ref_number
   end
 
   def ref_number_from_description
-    match_data = /(\d{7})/.match(description)
-    match_data[0] if match_data.present?
+    (Billing::ReferenceNo::MULTI_REGEXP.match(description) || []).captures.each do |match|
+      break match if match.length == 7 || valid_ref_no?(match)
+    end
+  end
+
+  def valid_ref_no?(match)
+    return true if Billing::ReferenceNo.valid?(match) && Registrar.find_by(reference_no: match).any?
   end
 end
diff --git a/app/models/billing/reference_no.rb b/app/models/billing/reference_no.rb
index 23812214c9..d164f7565d 100644
--- a/app/models/billing/reference_no.rb
+++ b/app/models/billing/reference_no.rb
@@ -1,10 +1,16 @@
 module Billing
   class ReferenceNo
-    REGEXP = /\A\d{2,20}\z/
+    REGEXP = /\A\d{2,20}\z/.freeze
+    MULTI_REGEXP = /(\d{2,20})/.freeze
 
     def self.generate
       base = Base.generate
       "#{base}#{base.check_digit}"
     end
+
+    def self.valid?(ref)
+      base = Base.new(ref.to_s[0...-1])
+      ref.to_s == "#{base}#{base.check_digit}"
+    end
   end
 end
diff --git a/app/models/billing/reference_no/base.rb b/app/models/billing/reference_no/base.rb
index dcc7718e7c..8614f81f8e 100644
--- a/app/models/billing/reference_no/base.rb
+++ b/app/models/billing/reference_no/base.rb
@@ -2,7 +2,7 @@ module Billing
   class ReferenceNo
     class Base
       def self.generate
-        new(SecureRandom.random_number(1..1_000_000))
+        new((SecureRandom.random_number(9e5) + 1e5).to_i)
       end
 
       def initialize(base)