Capture accurate real-time bank information at the point of capture with our industry leading bank validation service. This allows you to check and verify up-to-date sort code and account number bank details at the point of capture to avoid costly failed payments at a later date. Our industry leading tools are designed to improve customer experience and stop spam or false data right at the point of input. It can also be used to enrich your bank data by adding data such as the IBAN and the BIC Code.
Please note: this service is not able to validate ownership of those bank accounts be it individuals or businesses.
There is a lot of jargon surrounding bank validation, check out our FAQs.
How does Bank Verification work?
Our tools are designed to work at the point of capture. At the same time your customer enters their sort code and account number, we simultaneously check if the details are correct, and the account is direct debit capable and CHAPs supported. So you will soon know if the customer is able to offer direct debit and credit card payments.
As the volume of online banking transactions increases rapidly, so does the need for our next-generation bank account validation, reducing payment errors, minimising fraud, and providing a better customer experience.
With market-leading technology, we instantly turn a simple sort code and account number into an array of useful information – such as their Bank Identifier Code (BIC), IBAN and full banking address.
Benefits of using Bank Validation
Reduce fraud risk
By verifying all account details in real time, you can check the bank account number and reduce the risk of capturing incorrect data, avoid erroneous payments
Avoid failed payments
Think of failed payments as lost customers. Validation at point of entry ensures faster, successful payments first time round, reducing payment errors and increasing conversions
Improved customer experience
Eliminating failed payments allows you to provide your customers with faster, hassle-free checkouts and deliver the required products and services without delays or disruption
Avoid unnecessary costs
Save your business time and money by removing any unnecessary administration fees, bank charges and other operational costs incurred by re-processing failed payments
Enhanced business insight
Just from your customers' sort code and account number, our Bank Validation service will provide you with insight into their branch and other invaluable insights
By validating and checking new employee bank details in real time, you’ll avoid potential payroll mistakes that can cause delays in salary payment and effect staff satisfaction
Simple Per-Lookup Pricing
We have a wide range of bank validation pricing options to suit your business needs
Talk to us about your bank validation needs so that we can create a package for you.
We know you will love our product so that's why we offer a 14-day free trial.
This service is available as part of Data8 Unify
With Data8 Unify, use a single credit pack to access our key validation services, eliminating the need to purchase separate credits for Address, Phone, email and Bank Validation. Data8 Unify Packs can be used across all Integrations, regardless of whether you use our services in a CRM system such as Microsoft Dynamics 365 or Salesforce, web forms, e-commerce platform or via an API.
If you are ready to get started, sign-up to our online self-service portal account and start your free 14-day trial (no card details needed).
If you still need some expert advice, our team are ready to help, just leave your message and someone will be in touch shortly.