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 customization introduces the ability to query on constituent accounts and in doing so allows for them to be globally validated.
As well as validating on individual records it is possible to validate the financial institutions and constituent accounts as they are entered in batch or as they are imported into batch via BBIS.
Take a look at our screencast below to see how it all works.
