Payment Pre-validation

How it works

Before sending a payment, banks can check the validity of the beneficiary account by comparing it against our vast library of transaction data – that’s over 9 billion payments travelling between 4 billion accounts every single year. Data is secure and centralised, meaning you can pre-validate payments against all historical transactions – whether you’re sending them to a long-term banking partner or a new bank on your books.

Checks are completed in real time via APIs, so pre-validating payments will only save time and reduce friction.

Still got questions on how Payment Pre-validation works? Check out our FAQs.

Predictable payments

Payments Pre-validation adds an extra layer of predictability to every transfer you send, making it far less likely that they’ll need to be returned or repaired. That means your customers spend less time waiting for their money and you spend less effort investigating exceptions.

We’re always exploring new features that we can add to this solution to make it even more effective. Signing up is just the start of your pre-validation journey – get started today.