Validate sortcode and bank account numbers to eliminate fraud
validating bank accounts Reduces Fraud
Inaccurate capture of a bank account sort code or account number can lead to issues with fraud, late payments and lost customers.
Get peace of mind by checking at the point of entry a sortcode and bank account number
Quick and accurate capture of payment details first time avoids unnecessary re-processing costs.
References the Extended Industry Sort Code Database (EISCD). The EISCD contains payments-related information for every UK bank and building society that participates in UK clearing systems.
Bank address data is an optional add-on to BankCoder.