Instant Bank Account Verification UAE

Introduction

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.

Turkey & China- Business Instant BAV are currently Unavailable. Please contact your sales administrator for any more details.

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.

Bank Account Validation Flow

API description

Sample cURL (UAE)

curl --location 'https://api.signzy.ae/api/v3/global-bank-verification/validate-bank-account/ae' \
--header 'Authorization: YOUR_API_KEY' \
--header 'Content-Type: application/json' \
--data '{
    "fullName": "Abc",
    "accountNumber": "1234567XX",
    "isBusiness": false
}'

Request Data

Key	Value
Authorization	access token (returned as id field of login request)
Content-type	application/json

Country Details

Country	Creditor (Name)	Creditor Account (Account number)	Creditor Agent (Clearing system ID)	Creditor Identification (creditorIdentifier	Match_Score	Match_Score_Description	Data Remarks	Coverage
UAE	Name	IBAN	n/a	n/a	Continuous variable, indicating strength of match (0…1)	Strong, Partial, Weak	Supplies full name string	23 major banks / financial institutions

Request Data Parameters

Parameter	Description	Validation Checks	Type	Required
fullName	Full name of bank account holder	Any non-empty string	String	Varies from country to country. Please see curls above
accountNumber	Account number of bank account (IBAN)	Alphanumeric	String	Varies from country to country. Please see curls above
isBusiness	Indicates whether the account belongs to a business entity	true or false	Boolean	No. false by default if not passed

Coverage & Country Code URL Input

Country	County Code(At the end of URL)
UAE	ae

Sample Response

{
    "error": {
        "name": "error",
        "message": "Upstream Error",
        "reason": "ERROR",
        "type": "Conflict",
        "statusCode": "409"
    }
}

Success Response Body Parameters

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

Error Codes

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!