SAP Global Bank Validator

SAP Approved Global Bank Validator Packaged Service. Integrates with SAP ERP systems to validate bank data, ensuring electronic payment processes work at maximum efficiency.

Contact   |   Link To Product   |   More Products By This Company

Specifications

Details

SAP - Global Bank Validator provides full validation of SWIFT codes, IBAN numbers, UK sort codes and bank account numbers and provides essential contact information for banks worldwide.

Incorrect bank details cause financial transactions to be rejected by the banking payment networks. Many financial institutions now impose penalty charges when payments fail due to incorrect bank details.

Rejected transactions cause further disruption to your business, because the provider of the bank details must be contacted, the correct details obtained and re-entered into your system before the transaction can be resubmitted.

The Global Bank Validator Packaged Service provides validation of your banking data, thereby preventing rejected transactions. Designed specifically for operation with SAP ERP systems, Global Bank Validator allows your business critical electronic payments to work smoothly and efficiently, exactly as they should.

Validates any IBAN

Verifies that SWIFT code exists and is in use (not just a simple format check)

Lookup contact information for banks worldwide

Verifies that UK sorting code exists and is in use (not just a simple format check)

Validation of any standard or non-standard UK sorting code and bank account number

Check valid transaction types of specified UK bank branch

Retrieve important clearing information for specified UK bank branch, e.g. allowed transaction types.

Transposes non-standard UK bank details into BACS standard format

Tags

bank account, bank lookup, BACS, IBAN checker, BIC checker, BIC code, SAP