Instant Bank Account Verification
Our instant bank account verification flow is designed to provide secure and efficient account verification services across various countries, including the United Kingdom, India, United States, Indonesia, Vietnam, Nigeria, Nepal, Pakistan, China, Korea, and Bangladesh etc. This process allows businesses and financial institutions to verify bank account details instantly, streamlining the onboarding process and enhancing the overall user experience.
Use Cases:
- Cross-Border Transactions:
- Facilitate cross-border transactions by quickly and accurately verifying bank account details, enabling secure and efficient international money transfers.
- Enhanced Onboarding Process:
- Streamline the customer onboarding journey by automating the bank account verification process, reducing manual efforts, and minimizing the risk of errors.
- Risk Mitigation:
- Minimize the risk of fraudulent activities by validating bank account details through a robust and reliable verification process, providing an additional layer of security.
- Currency Confirmation:
- Obtain information on the currency associated with the provided bank account, allowing businesses to ensure compatibility and accuracy in financial transactions.
Pipeline :- Australia, Canada, Cambodia, Ghana, Japan, Malaysia, Philippines, Singapore, Sri Lanka, Thailand..
Note: Here, the country code in URL should be in lower case like us, uk, in, etc. Headers
Key | Value |
|---|---|
Authorization | access token (returned as id field of login request) |
Content-type | application/json |
Parameter | Description | Validation Checks | Type | Required |
|---|---|---|---|---|
fullName | Full name of bank account holder | Any non empty string | String | Mandatory |
accountNumber | Account number of bank account | Alphanumeric | String | Mandatory |
clearingSystemId | Clearing system codes of financial institutions associated with the bank account | Alphanumeric | String | Mandatory |
Country | County Code(At the end of URL) | Status |
|---|---|---|
United Kingdom | uk | live |
India | in | live |
China | cn | live |
Vietnam | vn | live |
Indonesia | id | live |
Bangladesh | bd | live |
Pakistan | pk | live |
South Korea | kr | live |
Nepal | np | live |
Nigeria | ng | live |
Argentina | ar | Coming soon |
Mexico | mx | Coming soon |
Uganda | ug | Coming soon |
Uruguay | uy | Coming soon |
Belgium | be | Coming soon |
France | fr | Coming soon |
Netherlands | nl | Coming soon |
Italy | it | Coming soon |
Poland | pl | Coming soon |
Key | Description | Type |
|---|---|---|
result.description | Validation description | String |
result.country | country associated with bank account | String |
result.matchScore | Degree of matching | Float |
result.matchScoreDescription | Description reflecting the strength of the match | String |
result.nameMatched | Name that achieved the match | String |
result.currency | Currency associated with the validated information | String |
Country | Creditor (Name) | Creditor Account (Account number) | Creditor Agent (Clearing system ID) | Match_Score | Match_Score_Description | Data Remarks |
|---|---|---|---|---|---|---|
US | given_name and surname | beneficiary bank account ID | ABA code as clearing system ID | Discrete values representative of strength of match (1, 0, etc.) | Strong, Weak | n/a |
UK | name | beneficiary bank account ID | Sort code as clearing system ID | Discrete values representative of strength of match (1, 0.5, 0) | Strong, Partial, Weak | Supplies full name string in case of partial match only, currency |
India | name | beneficiary bank account ID | IFSC code as clearing system ID | Continuous variable, indicating strength of match (0...1) | Strong, Partial, Weak | Supplies full name string, currency |
Indonesia | name | beneficiary bank account ID | BIC Code | Continuous variable, indicating strength of match (0...1) | Strong, Partial, Weak | Supplies full name string |
Vietnam | name | beneficiary bank account ID | BIC Code | Continuous variable, indicating strength of match (0...1) | Strong, Partial, Weak | Supplies full name string, currency |
Nigeria | name | NUBAN as account ID | BIC Code | Continuous variable, indicating strength of match (0...1) | Strong, Partial, Weak | Supplies full name string |
Nepal | name | beneficiary bank account ID | BIC Code | Continuous variable, indicating strength of match (0...1) | Strong, Partial, Weak | Supplies full name string in case of match_score > 0.8 only |
Pakistan | name | beneficiary bank account ID or IBAN | BIC Code | Continuous variable, indicating strength of match (0...1) | Strong, Partial, Weak | Supplies full name string, currency |
China | name (in Chinese characters) | card number as account ID | NA | Discrete values representative of strength of match (1, 0) | Strong, Weak | n/a |
South Korea | name | beneficiary bank account ID | BIC Code | Continuous variable, indicating strength of match (0...1) | Strong, Partial, Weak | Supplies full name string (in hangul), currency |
Bangladesh | name | beneficiary bank account ID | BIC Code (MTBLBDDH, DHBLBDDH) | Continuous variable, indicating strength of match (0β¦1) | Strong, Partial, Weak | Supplies full name string, currency |
Argentina | name | CBU as account ID | NA | Continuous variable, indicating strength of match (0...1) | Strong, Partial, Weak | Supplies full name string, currency |
Mexico | name | CLAB as account ID | NA | Continuous variable, indicating strength of match (0...1) | Strong, Partial, Weak | Supplies full name string, currency |
Uganda | name | beneficiary bank account ID | BIC Code | Continuous variable, indicating strength of match (0...1) | Strong, Partial, Weak | Supplies full name string, currency |
Error Code | Description |
|---|---|
200 | Success - The request was processed successfully. |
400 | Bad Request - The request was malformed or invalid. |
409 | Conflict - The request conflicts with the server state. |
500 | Internal Server Error - An unexpected error occurred. |
Getting help
Please feel free to contact us if you have any questions, require clarification, or have ideas for how to make the documents or any of our services better.
You can reach out to us at [email protected]. We strive to provide prompt and reliable assistance, ensuring your queries are addressed effectively.
We value your feedback and are committed to making your experience smooth and enjoyable. Our team is dedicated to assisting you with any needs you may have. Thank you for choosing our services. We look forward to helping you!
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