Overview
Banks, fintech, and corporates use Bankers Almanac Validate to achieve reliable straight-through processing of payments and to provide a frictionless customer experience.
As your customers set up payments, Bankers Almanac Validate verifies their details against up-to-date payment and compliance rules covering over 180 countries. If something is incorrect, such as an IBAN or ACH number, your customers are alerted before they hit ‘send’.
Bankers Almanac Validate saves your customers time and helps you further increase your straight-through processing rates by automatically adding:
For payments within countries that require payment purpose and tax code details, Bankers Almanac Validate generates option menus that automatically guide your customers to provide this information.
Product Value
Use Bankers Almanac Validate wherever payments data needs to be improved, including customer-facing products, business applications and core systems. Comprehensive developer and API management tools make Bankers Almanac Validate quick and easy to deploy.
Beneficiary details within your database can become out-of-date, causing payments to fail. Accuity can help cleanse and enhance your payment files – either as a one-off project, or automatically on a regular basis – to ensure you maintain high straight-through processing for payments.
Bankers Almanac Validate facilitates the accurate setup, routing and processing of payments by verifying information in real time against payment and compliance rules covering over 180 countries.
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