Get peace of mind by checking at the point of entry a sortcode and bank account number
reduce Fraud Risk
Save time & money with quick and accurate capture of payment details
Reduces fraud risk with correct data so you can avoid erroneous payments
Improves accuracy of employee records and refines payment processes
Improves brand reputation and customer experience
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.
BankCoder will also verify International Bank Account Numbers (IBANs) if the optional IBAN data is employed.