Ownership verification
Check that the IBAN corresponds to the indicated holder before operating
What can you do with this API?
Prevention of fraud and errors
Reduces risks in payments by validating the banking information from the source
Safer and more efficient onboarding
It speeds up customer registration with automatic bank validations
Greater confidence in your operations
Strengthens the security and reliability in every financial transaction
Use cases
Discover how this API helps you to validate accounts from the outset, reduce risks and make decisions with more security in every transaction.
Digital onboarding (KYC)
Register customers with greater security by validating their account from the beginning.
Fintechs of loans
Ensure ownership before disbursement of funds and avoid incidents.
Investment platforms
Verify destination accounts and protect your users' withdrawals.
Insurance
It speeds up claims payments by validating accounts without operational friction.
Payment companies
Reduce fraud and errors by validating accounts before each transfer.
It reduces the risk in every operation.
Example use case
Direct debit a bill in seconds and without errors
María wants to set up a direct debit for her electricity bill from her company's website.
The challenge
You must enter your IBAN manually, and the company needs to validate that the account belongs to you before activating the direct debit.