Designed to be easily embedded within or called by existing applications, Bank Wizard verifies and reformats payment data at the point of entry. This ensures that only valid bank details are captured for processing, virtually eliminating the cost and risk associated with erroneous data.

Call centre applications, self service web pages, payroll and many other business processes benefit from using Bank Wizard to validate account details. Bank Wizard ensures that account details obtained for making or collecting payments are correct before submission for processing.

Payment details could be required for:

• Billing
• Refunds
• Payroll
• Pensions
• Loans
• Customer acquisition
• Change of account details

 Rapid implementation with low cost ongoing ownership

• supports domestic and cross-border payment systems.  Further country modules can easily be added as business requirements are identified.

easy integration:

• integrates easily with all existing business applications
• interfaces with web-based applications and is available for all main operating systems

Removes the hassle of managing complex and varying data

• regular updates:
  • Our dedicated Data team systematically verifies, supplements and reformats bank data, ensuring you benefit from the most accurate and up-to-date information
  • automated weekly updates remove the problems associated with managing data
• provides comprehensive bank account validation
  • Performs full modulus checking of account numbers, branch and bank codes
  • Validates existing IBANs (International Bank Account Numbers)
  • Generates IBANs from domestic details
  • Validates and returns BICs (Bank Identifier Codes)