Bank Account Validation
Why validate bank account details?
Increasingly, companies want to be able to check the accuracy of account details in their electronic payments. With the advent of Paperless Direct Debit sign up, Originators need to be able to check instantly that the bank account details they have been given are valid. This helps to reduce the number of returned payments and the costly correction process that follows.
The complete validation package
ValiData is an online service, developed by APT, which brings together the different sort code and banking databases into a single file of information. This can be embedded within your application or sit alongside your existing database and payment application for immediate on-line checking of data.
APT provides two versions of account verification software – an Online service for instant access or Integrate it into your own database for more flexibility.
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