Do you want to save time and money? If the answer is yes, you should use an API like this one!

Several parties, each with their own interests and duties, interact during the payment process. The person who sells the goods or services is the merchant, whereas the person who purchases them is the buyer. The seller must confirm that the customer has sufficient funds available in their account to cover the purchase. A person who sells goods or services can also be a merchant. An individual or organization that sells products or services to another individual or organization. The payment procedure and delivery of the products or services are the merchant’s responsibility.

In this regard, International Transactions APIs are APIs that enable programmatic access to payment-related data. This indicates that you can both make your own payments and access information about previous ones. For individuals that need to process payments online or in mobile apps, these APIs are very helpful. They can help users save time and money by providing accurate and up-to-date information. In other words, APIs can help you save time and money by providing you with accurate information about various banks.

There may be restrictions on the customer’s bank account with their local bank in this situation. Due to these limitations, it could be difficult to make payments because the money could be returned. To get around this issue, use an API to confirm the account is operational and able to accept payments before making a payment.

Our recommendation for the best API to check bank information is the SWIFT – IBAN – Routing Bank Checker API.

SWIFT – IBAN – Routing Bank Checker API

Developers now have a quick and easy way to verify and retrieve data on SWIFT codes, IBAN codes, and routing bank numbers thanks to the SWIFT-IBAN-Routing Bank Checker API. Using this API to quickly evaluate and confirm the quality of banking information could speed up financial transactions and lower error rates.

Routing Bank Numbers are another essential component of financial transactions, and the Bank Codes Lookup API can help you quickly confirm their accuracy. Routing Bank Numbers are used in the United States to identify financial institutions and process transactions. By using this API to validate Routing Bank Numbers, you can reduce the risk of errors and ensure that transactions are processed quickly and accurately.

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 from Portugal.

Overall, this API is an essential tool for anyone involved in financial transactions. By providing access to critical information about SWIFT codes, IBAN codes, and Routing Bank Numbers, this API helps to reduce errors, streamline transactions, and improve the accuracy of financial information. Whether you are a large financial institution or a small business, the IBAN Codes API can help you achieve your financial goals with ease and confidence.