Bank Validation
Avoid payment errors
Ensure bank details are validated at the point of entry to prevent bank charges and enhance customer satisfaction.
Improve customer service
Avoid delays and disruptions from failed direct debits by ensuring you are only transacting with valid bank accounts by confirming BIC, IBAN, and Sort Codes.
Save money. Avoid charges.
Validate bank details at the point of entry via our API, to save on administrative costs and avoid bank charges from re-processing failed payments.
Avoid payroll mistakes
Ensure that employee details are verified to prevent delays in salary payments, which helps keep employees satisfied.
Seamless data updates
Results are instant, and our regular updates ensure you’ll always recognise new sort codes.
Identifies banks across borders
Most European banks can be checked to make sure the correct IBAN and BBAN formats are being used.
More than an account check
Our software validates not only the bank account number and sort code but also if an account is direct debit capable and CHAPS supported.
"Loqate is a trusted partner to IBM, we do a lot of business together on behalf of our joint clients. Loqate delivers trusted technology, good support and I would recommend them."
Read more"Since using Loqate in our Shopify Plus checkout, we’ve reduced our failed deliveries to less 0.04%"
Read more"Loqate gives our customers the confidence that our products will arrive on time and to the right location."
Read more"Loqate's type-ahead addressing technology is highly intuitive and predictive which makes it ideal for customers on the move using mobile phones"
Read more
