What it does:
Bank Validator checks UK financial institutions and constituent accounts.
- For the financial institutions, the branch name and address will also be updated
- For the constituent accounts the account will be flagged as whether it is valid for direct debit processes.
- The customisation introduces the ability to query on constituent accounts and in doing so allows for them to be globally validated.
- Both the sort code and account number can be validated on entering the details into a batch or through the import into a batch (not shown in the video)