Bank Account Verification

 Bank account verification (AVS-R) is a service where details  supplied to the bank are compared to details in the Bank's records. The details are verified by way of a positive or negative response. The correct details are not disclosed  to the user.

The following information is compared:

  • Account number

  • ID Number / Company registration number / Trust registration number

  • Surname / Company name / Trust name

  • Cellphone number registered on the account

  • E-mail address registered on the account

  • Account is open

  • Account is open for more than 3 months

  • Account accepts debits (Debit orders can be run against this account)

  • Account accepts credits (Payments can be made into this account from another bank)

 

VeriSeal provides this as a easy to use, pay-as-you-go service with no monthly charges and  complete history of transactions done.

This service is invaluable for Conveyancers, Lawyers, Estate Agents and any other business  which  makes payments to third parties on a regular basis

Participating banks: ABSA, FNB, Nedbank, Standard Bank, Capitec, African Bank, Investec, Sasfin Bank and Discovery Bank.

 

Bank account verification in bulk  (AVS-R) via API

This service  allows you to upload a batch of  Bank Account Numbers  to be verified through an API that is available. For this service please   contact us at info@veriseal.co.za, or on our helpline : 0876541473 

©2019 by Veriseal (Pty) Ltd

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