BankVal International® Overview
BankVal International® is a suite of web services used to validate SWIFT BIC codes against the official SWIFT BIC directory and to validate IBAN numbers in accordance with ECBS standards.
It also validates American Bankers Association (ABA) Routing numbers against the Routing Numbers Database
Validation of SWIFT BICs and IBANs is important because banks can reject transactions and apply a charge if a valid BIC and IBAN are not present.
If an incorrect Routing Number is entered into the Automated Clearing House (ACH) network it is returned and a fee is charged.
To avoid unnecessary bank charges and the costly overhead of manually correcting rejected payments, all bank account details should be validated.
BankVal International harnesses advanced web service technology to provide maintenance free, cost effective validation directly where it is needed, e.g. at point of data capture.
BankVal International® Services
BankVal International® Key Features
- Complies with SEPA requirements for SWIFT BIC / IBAN validation
- Very Cost Effective - Check out the low cost of BankVal
- Validate at Data Capture - Using BankVal International's unique flexible interface, you can call the service from anywhere in your system. For instance, at point of data capture.
- Maintenance Free - The validation software and SWIFT BIC data are maintained on our servers. So validation is accurate and up to date, all the time, automatically.
- Simple Set Up - Just call the BankVal service with a few lines of program code dropped into your system and start validating within minutes.
- Customer Support - Free on-line technical support is available from our helpful advisors.
- Secure - BankVal uses industry standard 128 bit SSL security.
- Reliable - Identical systems running at 2 independent data centres. System Info
- Platform Independent - Call the BankVal service from any operating system, from any hardware, using any programming language.
- Free Trial - Try out the BankVal web services from the on-line demo pages. Or call the BankVal services from your own system. Free Trial
- BankVal International is a web service - BankVal is a web service that you call from within your system software. See how BankVal works.
