Rapidly Validate IBANs With An API
Do you want to validate IBANs rapidly? In this article, we’ll explain how you can do this with an API.
The International Bank Account Number (IBAN) is an universally recognized numbering system that identifies bank accounts in all EU countries and several other nations. It is used to transfer money between banks in different countries, as well as to make payments and transfer money between bank accounts within the European Union (EU) and the European Free Trade Association (EFTA).
The IBAN is a unique code that identifies a bank account holder. It is composed of up to 34 alphanumeric characters. The first two digits are the country code, and the remaining characters are the national identifier of the account holder.
The IBAN should be included in all interbank transactions involving EU national accounts, regardless of the amount of the transaction. This is the reason why it is essential to authenticate one`s own and other holders´ IBAN to prevent fraud and avoid wrong destination in transactions.
How Can You Validate An IBAN?
There are many ways to validate an IBAN. However, one of the most effective methods is using an API. An API is a piece of software that allows two applications to communicate with one another. This means that one application can request information from another application, and the other application can respond with that information. This adds efficiency to processes.
In this case, we’re talking about a bank’s application that needs to retrieve information from another application (e.g., an IBAN validation API). By using an API, a bank or an individual can quickly retrieve information from another application without having to write its own code or wait for a programmer to write it.
So, if you want to validate IBANs rapidly we recommend using IBAN Validator API. With this tool, you’ll be able to quickly validate any IBAN in just a few seconds. You’ll be able to see if the numbers are correct, and you’ll also receive information about the bank, such as its name. Powered with AI and Deep Learning, IBAN Validator API is integrated with other APIs from the same vendor to augment accuracy (Bank Account Number API, Bank Account Validation API, Bank Account Verification API, BBAN Validator API, BIC Validation API, IBAN Calculator API, etc.).
In addition, this API is very simple to use. Simply insert the IBAN you wish to verify into the API’s box, and it will return all the information you need. So, start using it and see how quickly you can validate any IBAN. Validate instantly any Bank Account Information (IBAN, BIC/SWIFT, and BBAN) with this API. Handle bank account details processes programmatically and obtain country-specific banking details standards.
How To Validate An IBAN With This API
1. Create an account by subscribing on Zyla API Hub website and receive your personal API key, a unique combination of letters and digits provided to access to our API endpoint.
2. Authenticate your bearer token by putting it in the Authorization header.
3. To validate an IBAN, use the endpoint Verification and enter the IBAN you want to verify.
And that’s all there is to it! You’ll receive all of the information you need instantly! You can try it out without cost and then subscribe to one of its paid plans, depending on your needs, expectations and budget.