Clients Who Have Thrived Using Our Expert Solutions
Bank Validation Benefits
- Accurate bank account details
Our service ensures your business captures reliable and accurate bank account details, ensuring failed payments and other complications are avoided.
- Reduced fraud risk and payment errors
Clean and accurate customer data ensures transactions are smooth and seamless, reducing the risk of failed payments and fraudulent activity.
- Improved customer service & reputation
Our Bank Validation service helps businesses ensure secure, accurate transactions to reduce fraud, thereby fostering trust and loyalty from their customers.
- Accuracy from reputable financial institutions
Our Bank Account Validation service gains accuracy by cross-referencing account details with reputable financial institutions' databases.
- Simplified account management
Our Bank Account Validation service simplifies account management by ensuring accurate account information is stored, reducing errors, and streamlining transactions from clients.
3 Ways To Validate Your Bank Details With Hopewiser
1. Cloud
Maintenance-free with no setup fees.
Free CRM integrations, REST API, and JavaScript client.
Low-cost pay-per-click bank account validation model.
Comprehensive management tool with detailed usage reports and auto-renew.
Handy help guides, videos and communication from Hopewiser experts are always a matter of urgency.
Secure data transfer and storage.
2. Software
Unlimited lookups and cleanses of data.
Cost-effective for large users.
Customisable bank validation for an enhanced user experience and to suit every business need.
Ideal for sensitive data and compliance with on-site data storage.
Compatible with various platforms, including a Developer’s Kit.
3. Professional Services
Expertise from data consultants, product specialists, and integration specialists.
Assistance with data projects and integration solutions.
Custom services to suit any new or pre-existing CRM for complex requirements, including data consolidation.
Identification and rectification of data issues.
Optimise Business Decisions With Bank Account Validation
Our UK Bank Verification services are your shield against bank transfer fraudulent activity and payment errors. Here’s how:
Prevent Bank Fraud
Verify your business or customers bank account information in real-time to minimise fraud risk, transaction errors and avoid invalid payments
Reduce Invalid Payments
Validate bank details such as account numbers and sort codes and reduce failed transactions using our Payment Validation API
Save Costs
Implement the service easily with no setup or maintenance fees with prices starting from 3.7p per bank account lookup
Secure Data Storage
Protect your customers and your business with compliant and robust data processes ensuring secure storage and transfer
Simple Account Management
Make the most of our user-friendly online tools, one-click bundles, account management and detailed usage reports
Streamline Payments
By using the Extended Industry Sort Code Database, credit and direct debit payments are quick and accurate, saving time and money
Multi-Platform Support
Utilise our Bank Account Validation services via Web App or SOAP API with seamless onboarding for Windows or UNIX
Enhance Payment Security and Customer Confidence
In this blog, discover how to improve payment security for your business and customers, why it is of paramount importance, and some top tips to improve customer confidence in your business.
Read The Full Blog For Details
Bank Account Validation FAQs
Why Should I Use Hopewiser's Bank Validation Services?
The benefits of bank validation are endless as you are protecting not only your business, but the general consumer. Our services are used by businesses across the UK to reduce bank fraud and invalid payments. Available as cloud and software-based, our platforms are tailored to work for you without punishing you for usage. Our team has over 40 years of data cleansing experience and is available to help you with any data project you have.
Is Our Bank Validation Service Secure?
Yes, our bank validation service is highly secure. We use encryption and other security measures to protect the privacy and security of the information that is submitted to our system.
Can Our Bank Validation Service Integrate With My Existing Systems?
Yes, our bank validation service can be easily integrated with your existing systems, such as payment processing or accounting software.
What Does Bank Validation Check For?
Bank validation checks every transaction to ensure the provided details are accurate and legitimate. This is done by cross-referencing the IBAN number (up to 34 characters in the structure of country code, check digits, bank code, sort code and UK account number) against valid accounts held by banks and financial institutions participating in the EISCD.
Is Bank Validation Required To Comply With GDPR?
Similar to contact information, bank details are considered personal data. Therefore, bank validation is a requirement to comply with data protection laws, ensuring both the privacy and security of sensitive customer information.