Validate and Auto-Populate Global Payment Information and Routing Data
Drive efficiencies in domestic and international payments processes and enable safer, faster and cost-effective payments journeys.
Request a Free TrialLexisNexis® Bankers Almanac® Validate™
Facilitating secure instant payments while achieving exceptional straight-through processing rates and preventing operational delays and failed payment fees has never been easier.
Trusted by global banks, businesses and payment processors, LexisNexis® Bankers Almanac® Validate™ seamlessly verifies and auto-populates payments and routing data in over 200 countries.
By easily integrating the API technology into customer and internal-facing payments channels, you can effortlessly drive automation in domestic and cross-border payments journeys.
Trusted by global banks, businesses and payment processors, LexisNexis® Bankers Almanac® Validate™ seamlessly verifies and auto-populates payments and routing data in over 200 countries.
By easily integrating the API technology into customer and internal-facing payments channels, you can effortlessly drive automation in domestic and cross-border payments journeys.
How do Customers Use Bankers Almanac® Validate™?
Bankers Almanac® Validate™ API can be integrated wherever you need it in your payments flow. Some of the most popular use cases include:
- Verifying and enriching domestic and cross-border payment messages within ERP platforms
- Validating account details when onboarding new vendors and customers
- Checking account details as they are entered into customer-facing platforms, including websites and apps
How Does Bankers Almanac® Validate™ Work?
- Enter country-relevant payment details (or search by bank name and address)
- In less than half a second, receive verification in the form of pass, caution or fail
- Auto-populate payments and routing data for over 200 countries, including:
- IBAN, BIC, ABA Numbers and National Clearing Codes
- Branch name, address and postcode
- Correspondent banks and intermediary information, such as:
- Payment rail connectivity and SSIs for payment routing
- Payment holiday dates
- Customer service centre information
- For payments to countries that require payment purpose and tax code details, Bankers Almanac® Validate™ generates option menus that auto-guide customers to provide this information
Easy API Management
Easily manage any element of the API using the no-code configuration hub. From here you can also:
Conduct manual validations
View the number of validations performed and responses (pass, caution and fail) received
Block payments to particular countries, companies and accounts, as well as auto-alert stakeholders
View the reporting dashboard that shows you the total amount of money saved
Who Uses Bankers Almanac® Validate™?
Sanctioned Bank Warnings in LexisNexis® Bankers Almanac® Validate™
Introduce sanctioned bank warnings into customer and internal-facing payments channels and achieve an early line of defense against compliance risk while improving operational efficiency and customer experience.
Enable real-time decision-making before initiating payments and:
Enable real-time decision-making before initiating payments and:
- Avoid unnecessary processing delays, repairs and costly failed payments later in the payments journey
- Accelerate the end-to-end payments process
- Achieve higher straight-through processing rates
- Reduce staff workload and spend less time handling failed payments and easing frustrations
- Add an additional layer of security that complements existing FCC controls
Data is Updated Daily and Sourced From:
Sanctioned banks
Data updated daily
Quick and easy set-up with no-code API configuration
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