If you are looking for a way to get more accurate payment processing, you should try using an API!
The financial industry is constantly changing and evolving. This means that there are always new regulations and policies that need to be followed. It can be difficult to keep track of everything, which is why it’s important to use a tool that can help you stay informed.
A Banking Information API is a tool that allows you to access up-to-date information about banks. This can include bank account details, routing numbers, and more. With this information at your disposal, you’ll be able to make sure that your payments are being processed properly and safely.
If you own a business, you are certainly aware of the challenges involved with getting money from customers. This is especially true if you take online payments. You understand that there are numerous payment alternatives available, and each one has advantages and disadvantages of its own. Each bank has different processing timeframes as well. There is a chance that some tasks will take longer to finish than others or that they will encounter server problems more frequently. This could be harmful to your business because there’s a chance that transactions and payments will be delayed.
The SWIFT-IBAN-Routing Bank Checker API allows you to obtain details about banks and their transactions. This type of API is widely used by companies who accept payments from customers online so they can monitor the progress of their transactions and ensure that the money has been received appropriately.
SWIFT-IBAN-Routing Bank Checker API
Thanks to the SWIFT-IBAN-Routing Bank Checker API, developers now have a quick and simple way to check and retrieve information on SWIFT codes, IBAN codes, and routing bank numbers. Financial transactions could be expedited and error rates could be reduced by using this API to quickly assess and confirm the accuracy of banking information.
Your existing financial systems can be rapidly linked with the Bank Codes Lookup API thanks to its ease of use. You may quickly find out about SWIFT codes, IBAN codes, and routing bank numbers by sending straightforward API calls. This API is excellent for use by both large financial institutions and small businesses due to its high scalability.
All You Have To Do To Utilize It Is:
- Go to SWIFT – IBAN – Routing Bank Checker API and simply click on the button “START FREE TRIAL” to start using the API.
- After signing up in Zyla API Hub, you’ll be ready to start using the API!
- Employ the different API endpoints depending on what you are looking for.
- Once you meet your needed endpoint, make the API call by pressing the button “test endpoint” and see the results on your screen.
This API provides access to the “Routing Bank Checker,” “IBAN Code Checker,” and “SWIFT Code Checker” endpoints. Choose from among them the one that most nearly matches your requirements for what you’re looking for. How the “IBAN Code Checker” will work is shown in the following illustration:
{
"status": 200,
"success": true,
"message": "PT50000101231234567890192 is a valid IBAN",
"data": {
"iban": "PT50000101231234567890192",
"country": "Portugal [PT]",
"sepa_country": "Yes",
"checksum": "50",
"bban": "000101231234567890192",
"bank_code": "0001",
"branch_code": "0123",
"account_number": "12345678901",
"check_digit": "92",
"bank_details": {
"swift_code": "BGALPTTGXXX",
"bank_name": "BANCO DE PORTUGAL",
"branch": "SISTEMAS DE PAGAMENTOS",
"address": "AV. ALMIRANTE REIS, 71 EDIFICIO PORTUGAL",
"city": "LISBON",
"zip": "1150-012"
}
}
}
As you can see, the response demonstrates that the IBAN number and bank information are correct and originate from Portugal.
This API offers access to IBAN codes in addition to validating SWIFT codes. IBAN codes are used to identify bank accounts for international payments in Europe and other regions of the world. You may rapidly ascertain an IBAN code’s accuracy utilizing the IBAN Codes API, lowering the possibility of errors in financial transactions.