Are you a developer looking for a tool that can help you quickly validate banking information? If so, you should keep reading this article!

Two apps can communicate with one another using an application programming interface (API) in order to exchange data or make use of one another’s services. This indicates that you can access information or features from other websites or applications through an API. This information is essential since it enables you to assess if the customer’s payment is valid or not. By doing this, you may lessen payment processing faults and make sure that your company is able to develop without encountering any payment issues.

International Transactions APIs are used by banks and other financial institutions to provide real-time account access to their customers. Now that the information has been updated, customers may check their accounts, send money, and do much more without having to wait for the bank. Real-time access is essential when it comes to banking. 

Many businesses need to validate banking information. This is because they need to be sure that it is correct and belongs to the right person or bank. However, some of them don’t know how to do it. This is because not everyone is familiar with APIs and how they work.

Customers desire real-time account updates so they can monitor their balances and transactions at all times. Banks, however, may find this challenging, particularly if they have a lot of data to update. Developers will have access to information about your bank account through the use of an API like this one, enabling them to transfer money between accounts, internationally, and more.

We suggest the following if you’re seeking for a reliable API to quickly validate banking information:

SWIFT – IBAN – Routing Bank Checker API

Developers now have a quick and easy way to check and retrieve data relating to SWIFT codes, IBAN codes, and Routing Bank Numbers thanks to the SWIFT-IBAN-Routing Bank Checker API. By immediately validating and confirming the accuracy of banking information using this API, you can speed up financial transactions and lower error rates.

E-commerce companies and payment processors can use the Bank Codes Lookup API to validate customer banking details during the payment process. By confirming bank codes, these businesses may decrease the likelihood of unsuccessful transactions and increase consumer satisfaction.

The “Routing Bank Checker,” “IBAN Code Checker,” and “SWIFT Code Checker” endpoints are accessible through this API. Choose the one that most closely satisfies your specifications for what you’re looking for from among them. The “Routing Bank Checker” will respond as demonstrated in the example below:

{
"status": 200,
"success": true,
"message": "Routing Bank 121000248 is valid",
"data": {
"routing_number": "121000248",
"date_of_revision": "091012",
"new_routing_number": "",
"bank": "WELLS FARGO BANK, NA",
"address": "255 2ND AVE SOUTH",
"city": "MINNEAPOLIS",
"state": "MN",
"zip": "55479",
"phone": "(800) 745-2426"
}
}

As you can see, the reply demonstrates that the routing bank number is correct, originates from Minneapolis, and contains the bank’s name.

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.

The travel and tourism industry can use this API to check international payments made by customers. This raises customer satisfaction and ensures that transactions are carried out quickly and accurately while reducing the likelihood of errors and delays throughout the booking process.

Governmental agencies can utilize the IBAN Codes API to verify the banking information that individuals and businesses have submitted. By ensuring that tax payments, social security benefits, and other financial activities are accurate and comply with relevant laws, this reduces the likelihood of fraud and mistakes.