Our Account Verification Service verifies the identity of an account holder against an account number. This feature can verify whether a particular individual or company holds a particular account number.
Key Features and Benefits
- Reduced unpaid: Enhance collections and reduce your administrative burden by verifying data and account details
- Simple & efficient: Use this batch-based solution to generate responses directly from other banks, usually within an hour of submission
- Account validation: Validate an account holder’s details to match ID numbers or company registration numbers with the account number
- Account status: Check additional information available, such as:
- Account opened for more than three months
- Active accounts
- Account opened for debit or credit.