Do you need to retrieve information related to SWIFT codes? In this post, we’ll explain how you can do that by using an API.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is a global member-owned cooperative and the world’s leading provider of secure, standardized and integrated solutions to the financial services community.  Its service offerings include a directory of SWIFT member institutions, an online banking system, a secure messaging service, an integrated securities settlement system, a real-time gross settlement system, and an automated message accounting system. 

The best way to get all this information is through an API. APIs are software components that allow two software systems to communicate with one another. They are designed to simplify the process of integrating software components from one system into another. In this case, you need an API that can retrieve all the information about a company just by knowing its SWIFT code. Fortunately, developers can do this by using a Banking Information API.

The SWIFT code is also known as BIC (Bank Identifier Code) or IBAN (International Bank Account Number). It is a unique alphanumeric identifier assigned by SWIFT to each bank branch. There are many uses for this type of information. For example, you may use it to verify if a company is real or not. You may also use it to see if a company has ever been involved in any suspicious activity. You can also use it to determine if any other companies have ever shared banking information with that company. And finally, you can use it to see if any other companies have ever done business with that company.

The SWIFT-IBAN-Routing Bank Checker, in our opinion, is the best API to retrieve information related to SWIFT codes.

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 check the accuracy of banking information.

One of the main benefits of this API is its ability to validate SWIFT codes. SWIFT codes, which are used as distinctive identifiers to ease international transactions, must be exact in order to guarantee that money is transmitted to the appropriate individual. Using the Bank Codes Lookup API, you can quickly confirm the validity of SWIFT codes to make sure that money is always sent to the right place.

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 “IBAN Code Checker” will operate:

{
"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 proves that the bank details and IBAN number are accurate and from Portugal.

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 our 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.