Do you want to stay compliant with swift, IBAN, and routing bank information using an API? In this article, we will tell you more about it.
The SWIFT network is a global messaging system that allows banks to communicate securely and quickly with one another. SWIFT messages are used for a variety of purposes, including the transfer of funds and the creation of invoices. The most well-known message type is the MT103, which is used for international bank transfers. The SWIFT code is used to identify each bank and branch office. It is a unique combination of letters and numbers that identifies each bank on the SWIFT network. The code is used as part of the bank account number.
APIs are a crucial component of banking’s future. They will enable customers to access their bank accounts from anywhere and will aid banks in providing better services to their clients. Additionally, they will assist banks in cutting costs and optimizing operations. A Banking Information API enables developers to access information about banks and bank accounts by developers. Other applications or services can utilize this data to make transactions with banks or to give information about banks.
There are numerous justifications for using an API. It might be useful to you if you want to learn more about a specific bank account, like its balance or transaction history. Additionally, you might want to use it to find out details about a specific bank, like the locations of its branches and ATMs.
For bank checker purposes, there are several different APIs available, however not all of them are reliable. We encourage you to test out the SWIFT-IBAN-Routing Bank Checker API because of this.
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 swiftly assess and confirm the accuracy of banking information.
The Bank Codes Lookup 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 easily ascertain an IBAN code’s accuracy using the API, lowering the possibility of errors in financial transactions.
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 “Routing Bank Checker,” “IBAN Code Checker,” and “SWIFT Code Checker” endpoints are accessible through this API. Pick the one that most closely satisfies your specifications for what you’re looking for from among them. The sample below demonstrates how the “SWIFT Code Checker” will operate:
{
"status": 200,
"success": true,
"message": "SWIFT code ADTVBRDF is valid",
"data": {
"swift_code": "ADTVBRDF",
"bank": "ACLA BANK",
"city": "BRASILIA",
"branch": "",
"address": "Q SHCN CL QUADRA BLOCO E, 316,316",
"post_code": "70775-550",
"country": "Brazil",
"country_code": "BR",
"breakdown": {
"swift_code": "ADTVBRDF or ADTVBRDFXXX",
"bank_code": "ADTV - code assigned to ACLA BANK",
"country_code": "BR - code belongs to Brazil",
"location_code": "DF - represents location, second digit 'F' means active code",
"code_status": "Active",
"branch_code": "XXX or not assigned, indicating this is a head office"
}
}
}
As you can see from this response, the SWIFT Code is valid, it comes from Brasilia, Brazil. You can also see the banking information as well as some more data.
The routing bank number is another essential component of financial transactions, and you can quickly verify it with the help of this API. Routing bank numbers are used in the US to identify financial institutions and manage transactions. By making use of this IBAN Codes API to validate Routing Bank Numbers, you may reduce the likelihood of errors and ensure that transactions are carried out promptly and correctly.