Do you need to find a tool to validate a bank account and be sure that you are making your payments correctly? Read this post and we will tell you everything about it!
Today it is very common for us to make virtual payments for everything; whether for virtual products or services, we use our cards or bank accounts to pay. Now, the doubt may arise if the account to which we are paying is really that of our provider; or if we are paying a third party, either for the purpose of fraud, or not.
The problem arises when we look for tools that allow us to carry out this task. Bank details are usually private or cannot be accessed except through the permission of their owner, or of the bank that owns the account, which is why perhaps the idea of being able to validate a bank account seems impossible if not It is between the parties that carry out a transaction.
However, there are current services that allow you to validate a national or international bank account without problems and maintain the highest security standards. These solutions are APIs; services that mediate between two or more virtual databases and your computer; allowing you to access valuable information; without the need to request it from the bank that issued the account; or whoever is going to receive your payment.
Avoid Paying To Fraudulent Accounts With An API
The most important thing you need to know is that an API can do this checking of bank accounts in a few seconds and with multiple accounts at the same time; which is very advantageous if you have a project that makes payments to hundreds of suppliers; and you want to verify that you are doing payments to the correct places; and that your funds are not being diverted, for example.
They are revolutionary services that promise to modify the accounting of large companies and projects, that allow automating increasingly complex tasks; and that in turn are available to those who need them, since their maintenance cost is minimal, only needing an internet connection to access.
It is for this and much more that we want to recommend this IBAN Validator API, since it can be used to validate bank accounts in seconds, and in turn we consider it to be one of the best on the market!
Get Bank Data With This IBAN Validator API!
With IBAN Validator API, you can validate any bank account information (IBAN, BIC/SWIFT, and BBAN) programmatically. It will get the IBAN and offer validation to you if the number is correct.
You can also access further information on the bank, giving you more information about where the account is located. It will validate any number from any Euro country and can also generate IBAN.
IBAN Validator API is also useful for easily converting BBAN numbers to IBAN. If you need to give someone outside your nation your bank information, they will need IBAN, so you will automatically generate these numbers for them. More importantly, if any taxes apply to your transactions, you will be notified ahead of time.
Related Post: How A Forex API Can Affect Your Finances?
Also published on Medium.