Do you need to validate banking information? In this post, we’ll explain how you can do that by using an API.
The International Bank Account Number (IBAN) is a unique identification number for bank accounts across the globe. It is used to identify and process transactions between banks. The IBAN is a unique number assigned to each bank account, whether it is a personal account, a corporate account, or a charity account. It is a string of numbers and letters that is easy to read and remember.
When you need to validate banking information, you can use an API. An International Transactions API verifies the validity of an IBAN and returns additional information about the bank that owns the account. The API can be used to check the validity of an IBAN and obtain information about the bank that owns the account.
The BIC (Bank Identifier Code) and IBAN (International Bank Account Number) are additional names for the SWIFT code. It is a special alphanumeric code that SWIFT has given to every bank branch. This kind of information has a wide range of applications. For instance, you may use it to check the legitimacy of a corporation. You can utilize it to find out if a business has ever engaged in any shady conduct. Additionally, you can use it to find out if the company has ever exchanged banking information with any other businesses. Finally, you may utilize it to determine whether any other businesses have ever transacted business with that one.
The SWIFT-IBAN-Routing Bank Checker, in our opinion, is the best API to validate banking information.
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 verify the correctness of banking information could speed up financial transactions and lower error rates.
In addition to validating SWIFT codes, the Bank Codes Lookup API also provides access to IBAN codes. IBAN codes are used in Europe and other parts of the world to identify bank accounts for international transfers. By using the API, you can quickly verify the accuracy of an IBAN code, reducing the risk 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 “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.