Bank Account Validation and Verification
Instantly validate and verify both customer and commercial bank accounts to protect your business from fraud and prevent losses.
Avoid delays, bank fees & identity fraud
Our Bank Account Verification Validation (BAVV) solution instantly validates the bank account information and verifies the account owner at the point of registration. This reduces delays due to incorrect information and helps combat identity fraud by ensuring the account details really do belong to that customer.
Improved customer experience
Review bank details provided by your customers at the point of onboarding to ensure safe, secure and smooth onboarding. Our solution achieves a typical match rate of up to 90%, providing high accuracy and extensive coverage.
Real-time checking
Instantly vet account information to avoid delays to the onboarding process whilst stopping fraudsters at the front door. We utilise data from two of the major credit reference agencies in the UK to maximise match rates and reliability.
Save on costs
Reduce admin costs and payment errors with faster and more secure payments, improving first-time success rates. BAVV enhances operational efficiency, enabling quick and accurate decision-making.
Keeping your money flowing
Whether you’re detecting fraudulent activity or human error, we confirm that full and accurate bank account details have been collected. This mitigates internal and external fraud risks, safeguarding your business and customer assets.
Wider Application
In addition to bank account verification, we offer a comprehensive portfolio of ID checks that meet global regulatory requirements.
Work with us and we’ll tailor an individual identity verification solution that’s robust, reliable, and that assists with your compliance requirements.
Frequently asked questions
Are you an existing customer? Talk to our customer support team.
All of our identity verification checks are available through a web-based solution or an integrated API.
A bank account verification validation check confirms that the name and address provided matches the account number and sort code details given, ensuring accuracy and security.
More document verification capabilities & features
Get in touch
Find out more about how your business could benefit from our bank account verification solution.