Do you want to know which are the top 5 APIs to validate any bank account info? In this post, we will tell you which are the best ones and how you can use them.
What Is An API?
An API is a set of programming instructions that allows two software programs to communicate with each other; it enables software developers to access and utilize features from other applications or operating systems. There are many APIs available online; some are free, while others require a paid subscription. When choosing an API, make sure that it is reliable and has been tested by many people.
Why Do You Need A Bank Account Validation API?
A bank account validation API enables financial institutions and businesses to retrieve specific bank account information, including balances, transaction history, and even geolocation data. This type of API is typically used by financial institutions to verify the accuracy of bank account information before processing transactions or deposits.
If you are a developer, it will allow you to communicate with a bank database that contains information on all of the valid IBANs in the world.
So, if you need to validate any bank account info, we highly recommend using these top 5 APIs to do it:
1- Paysafe
The Bank Account Validation API from Paysafe allows merchants to verify the ownership of their customers’ bank accounts by having the customer provide banking credentials online. It supports different kinds of request types: verifications, customer redirections, and verification lookups.
2- Plaid
Among other features, this API can instantly authenticate accounts by retrieving account and routing numbers when users connect their checking or savings accounts using bank credentials. It can also connect accounts from any bank in the United States. This API works with any ACH processor, including Dwolla and Checkout.
3- Singzy
The Bank Account Verification API from Singzy will help you verify customers’ Bank Accounts to determine credibility. It can also determine the legitimacy of the customer while preventing fraudulent activities. It provides instant, reliable and real-time verification.
4- Free IBAN API
This IBAN API provides many validations metrics that will help you boost your customer experience with limited interaction. It can be integrated with single-page applications (SPA) on the client-side using the JSONP integration. In case of errors, you can receive a response code similar to the result variable in the JSON response.
5- IBAN Validator API from Zyla Labs
The IBAN Validator API from Zyla Labs can quickly verify whether or not an International Bank Account Number (IBAN) is valid. This means that you can quickly and easily check the validity of an IBAN without having to wait for a response from your bank or other entities. The IBAN Validator API is a great way to ensure that your transactions are processed correctly and without error.
So if you’re looking for a way to validate your IBANs, be sure to use the best option in the market: IBAN Validator API.
To make use of it, you must first:
1- Go to IBAN Validator API and simply click on the button “Subscribe for free” to start using the API.
2- After signing up in Zyla API Hub, you’ll be given your personal API key. Using this one-of-a-kind combination of numbers and letters, you’ll be able to use, connect, and manage APIs!
3- Employ the different API endpoints depending on what you are looking for.
4- Once you meet your needed endpoint, make the API call by pressing the button “run” and see the results on your screen.
