Automated banking is rapidly increasing – are you ready?
Just one sort code error or one digit wrong in a credit or debit card number results in rejected transactions and declined direct debit or standing order payments.
BankFinder Internet® uses sophisticated checks to prevent these errors and highlight potential fraud while speeding up data entry to web forms.
The software is easily implemented on web sites, for a wide variety of organisations including those in utilities, local government, retail and charities.
An affordable and valuable tool BankFinder Internet is an important component to organisations seeking to satisfy BACS criteria for Paperless Direct Debits.
Implemented on the web, BankFinder Internet helps you deliver better customer service, sound financial administration, improved accuracy, lower rejection rates and lower costs.
Business Benefits:
How often is the Bank Data updated?
BankFinder Internet data includes comprehensive data for all banks in the UK banking system. This includes Postal address, BACS (Bankers Automated Clearing Service), CHAPS (Clearing Houses Automated Payment System) and C&CCC (Cheque and Credit Clearing Company).
Significant changes take place in the banking system and these are reflected in quarterly data updates.
Occasionally 'emergency' changes to data are released via BACS. AFD turn these into updates and distribute to BankFinder user within 24 hours - with no extra charge.
AFD are Authorised Distributors of the Industry Sorting Code Directory (ISCD), the data used to check the validity of bank sorting codes.
Applying all updates is essential to proper verification and checking of bank data.
What Will BankFinder Internet Do?
Type a Sort Code and BankFinder Internet will provide full bank details. Then type the account number and BankFinder Internet will "normalise" it and check that it relates to the bank details. Type in credit or debit card details and BankFinder Internet will check the number is valid and return the card type for confirmation.
Integrating BankFinder Internet
BankFinder Internet is easily integrated with your web site. It has a fully featured, easy to use Application Programmers Interface. Please download the free trial and Software Developer Kit from the right hand menu. A UNIX version of BankFinder Internet is available along with versions for internal use (such as call centres) and use on mobile devices.
