SEPAmail Diamond API: automate IBAN control.
Control your customers' IBANs automatically and directly with banks with the SEPAmail Diamond API.
100% reliable IBAN check
Check your customers' IBANs directly with banks. No approximate and incomplete checks, it is only the bank holding the account that verifies that the IBAN belongs to your customer.
Strengthen your KYC processes
Add a new control point to your KYC process by integrating IBAN control into your customers' subscription process.
Avoid sample rejections
Always make your withdrawals from active accounts belonging to the right person, whether it is a business or an individual. No more rejection fees.
Secure your transfers
Execute all your transfers to the correct account. Avoid fraud and mistakes.
Secure your transfers.
Avoid sample rejections.
Strengthen your KYC processes.
FAQS
Frequently asked questions
For a business IBAN, you must tell us the IBAN and the SIREN number of the company to which this IBAN is supposed to belong (your supplier for example).
We then ask the bank to check in its database whether the SIREN number it registered for this IBAN is indeed the one you entered.
The SIRET number and the intra-community VAT number can also be checked optionally.
For an individual IBAN, the operation is the same except that you must provide the IBAN and the name and surname of the person. The date of birth and a maiden name can also be checked on an optional basis.
Ibantrack directly questions the bank that has this IBAN so that it can carry out the check in its database.
The result is therefore completely reliable and unequivocal, unlike other solutions that verify an IBAN by analyzing data from past transactions or based on the statements of other companies that believe that the IBAN is reliable.
These other methods provide an initial indication, but do not offer a real guarantee of the identity of the IBAN holder and may lead you to make a transfer to a fraudulent account.
You should always provide both the IBAN and the identity of the person or company, and we will confirm that the two are well combined.
We ask the bank to check in its database whether the IBAN holder is the one you indicated to us, if yes the IBAN is considered validated, otherwise there is a risk of fraud or error.
In the event that the identity you have given us does not match, we will not be able to tell you the identity of the real account holder. We can simply tell you that this person or business is not the account holder.
Indeed, banks are required to respect the confidentiality of private data and banking secrecy.
For the moment, our solution only allows you to verify French IBANs. An extension to other countries in Europe is planned for 2024.
Our solution allows you to check the IBANs of all major French banks, including their subsidiaries and the online banks attached to these major banks (Boursorama Banque, Hello Bank! , Monabana, Fortuneo etc.).
This represents 98% of French bank accounts. There are only a few independent neobanks left that are not yet among the verifiable banks, but will soon be!
For the moment our solution is reserved for businesses only.
