Bankers Almanac Validate

Automatically improve your bank payments data
to eliminate failed payment costs and provide a seamless customer experience.

Overview

Automate straight-through processing

Digital banks, fintechs, and more 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 immediately notified.

Bankers Almanac Validate saves your customers time and helps you further increase your straight-through processing rates by automatically adding:

  • Payment network routing details
  • Standard Settlement Instructions (SSIs)
  • Full bank and counterparty bank details
  • IBAN and BIC numbers generated from domestic account details

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

Automatically improve your bank payments data to eliminate failed payment costs and provide a seamless customer experience.

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Beneficiary details within your database can become out-of-date, causing payments to fail.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 – Key Benefits

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.

Related Products

Related Content

Need Help ?