BANK ACCOUNT VERIFICATION

Verify customer bank details digitally, online, and in real-time with AVS services.

How it works

Enter the bank account details provided by the customer or supplier.

We facilitate bank account verification across all major banks in South Africa.

Receive detailed results, verifying account validity, credit and debit ability, status, contact details and more.

Key Benefits

Trust your customers and suppliers

Prevent processing fictitious bank account information.

Save money

Avoid costly fraudulent transactions and increase revenue.

Reduce errors

Receive accurate validation results directly from banks.

Fast and Efficient

Cut long, tedious procedures short with real-time results.

Reduce Manual Intervention

Reduce the need for banking verification against paper documentation.

Summary

Bank Account Verification Services (AVS) allows you to perform real-time account verifications across major banks in South Africa as an online service. Verify the bank details of new customers to prevent the submission of fictitious or fraudulent information.

Verify bank account validity, bank account status, whether the account can be debited or credited, account age, and the account holder’s contact details. This service is available via the web, mobile or API integration, and can be used in-store or accessed from remote locations.

Key Features

  • Identity Authentication
  • Account Number Validation
  • Account Status Check
  • Account Age Check
  • Contact Details Confirmation
  • Offline Capability
  • API Integration
  • Record Storage
  • Remote Online Access

Product Applications

  • Prevention of Fraud
  • Customer Onboarding
  • Recruitment Onboarding
  • Procurement Onboarding
  • Workflow Optimisation
  • FICA, RICA and KYC
  • AML Compliance Checks

Want to learn more about Bank Account Verification?

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