Instant Bank Account Verification UAE V1

Introduction

Our Instant Bank Account Verification UAE V1 is designed to provide secure and efficient bank account verification services for users in the United Arab Emirates. The API enables businesses and financial institutions to verify bank account ownership in real time by validating the provided IBAN details against the account holder's name.

The verification process supports major UAE banks and financial institutions, allowing businesses to streamline customer onboarding, reduce manual verification efforts, and enhance the overall user experience with faster and more reliable account validation.

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-preproduction.signzy.app/api/v3/global-bank-verification/validate-bank-account/ae/v1' \
--header 'Content-Type: application/json' \
--header 'Authorization: ****' \
--data '{
  "fullName": "Ahmed Mohammed Ali",
  "accountNumber":"AE570330000001234567890",
  "isBusiness": false
}'

Request Data

{
  "fullName": "Ahmed Mohammed Ali",
  "accountNumber": "AE570330000001234567890",
  "isBusiness": false
}

Request Data Parameters

Parameter	Description	Validation Checks	Type	Required
fullName	Full name of the bank account holder	Any non-empty string	String	Yes
accountNumber	Bank account number (IBAN where applicable)	Alphanumeric	String	Yes
isBusiness	Indicates whether the account belongs to a business entity	true or false	Boolean	Yes

Sample Response

{
    "result": {
        "description": "Bank Account Verified",
        "matchScore": "0.85",
        "matchScoreDescription": "Partial Match",
        "nameMatched": "MUHAMMAD MUSTAFA IMAM",
        "currency": "",
        "accountStatus": "ACTIVE",
        "accountOwnershipVerified": "false",
        "bankName": {
            "en": "Zand Bank PJSC",
            "ar": "زاند بنك ش.م.ع."
        },
        "bankIdentifierCode": [
            {
                "type": "BIC",
                "value": "ZANDAEAAXXX"
            }
        ]
    }
}

Success Response Body Parameters

Key	Description	Type
result.description	Validation result description	String
result.matchScore	Degree of matching between the provided and verified account details	String
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 account information	String
result.accountStatus	Status of the bank account	String
result.accountOwnershipVerified	Indicates whether account ownership was successfully verified	String
result.bankName.en	Bank name in English	String
result.bankName.ar	Bank name in Arabic	String
result.bankIdentifierCode.type	Identifier scheme. Always "BIC" (ISO 9362 SWIFT code)	String
result.bankIdentifierCode.value	The 8- or 11-character BIC, e.g. ZANDAEAAXXX	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!