The financial industry is one of the most heavily regulated industries in the world. This is because financial institutions are responsible for handling a lot of people’s money, so they must be very careful about who they allow access to their systems. This is where financial validation comes in.
The process of validating financial data assists in preventing fraud and errors in addition to ensuring that the data is accurate and trustworthy. However, it takes time and money to collect and analyze financial data. Fortunately, APIs today represent a practical and affordable option, specifically banking information APIs.
Banking information APIs allow you to request financial information from various institutions; and then receive it in an easy-to-understand format. These APIs simplify financial validation in terms of complexity when compared to traditional databases. In other words, these APIs offer a more accurate and current picture of financial data.
Besides the benefits in different industries like banking, e-commerce, accountancy, and more, banking information APIs are ideal for developers. They help developers optimize their time and prevent them from having to create a whole system from scratch. Developing a specialized API, such as an API for banking data, could take months or years. Therefore, having a trustworthy substitute might help engineers maximize their time. Therefore, if you want to simplify your or others’ financial validation process, consider using the SWIFT-IBAN-Routing Bank Checker API.
SWIFT-IBAN-Routing Bank Checker API
The use of the SWIFT-IBAN-Routing Bank Checker API will result in easier and quicker financial transactions. It helps you validate routing bank numbers, IBAN codes, and SWIFT codes and obtain helpful extra bank data. This is possible through its three endpoints: the routing bank checker, the IBAN code checker, and the SWIFT code checker. You can get the pertinent information by simply entering the code you want to verify.
The SWIFT-IBAN-Routing Bank Checker API is designed to meet anyone’s API requirements. It has many sets of subscription plans but also offers the opportunity to request a tailor-made one! So, it doesn’t matter how big or small your company is, you will have a perfect subscription option for you!
Test This API And Start to Integrate It Into Any System
Testing the SWIFT-IBAN-Routing Bank Checker API is very straightforward.
1-Loging or create an account on the Zyla API Hub.
2- To begin using the API, go to the SWIFT-IBAN-Routing Bank Checker page and click the “Try Free For 7 Days” button.
3- Pick any endpoint and enter the necessary data. Press the CAPTCHA to verify that you are not a robot, then click “test endpoint” to perform the API request and view the results on your screen. For example, if you choose the “IBAN code checker – Endpoint,” all you need to do is enter an IBAN number in the IBAN field and make the API request. We entered “PT50000101234567890192” as a number, and the results were as follows:
{
"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"
}
}
}Once you test the SWIFT-IBAN-Routing Bank Checker API, you are ready to start integrating this API into any system. This API supports a wide range of computer languages, such as JavaScript- jQuery, and more. The use of the well-known SWIFT-IBAN-Routing Bank Checker API, will allow developers to simplify the financial validation process for their customers. Do not hesitate and give it a try!