Secure your supplier payments.
Automate manual bank detail checks.
Verify that the bank account belongs to your supplier by querying the bank directly, at onboarding and at every change of bank details.
Verify the bank account holder of any supplier in seconds.
Supplier bank account verification, simple and reliable.
Ultimate reliability
No declarative database fed by third parties, no subjective analyses without a definitive outcome.
Just a query to the most reliable source: the bank itself.
Immediate time savings
No more searching for supplier details and making follow-up calls without getting a reliable answer.
Verify every supplier's bank account holder in seconds, not hours.
Seamless Integration
No heavy integration that disrupts your business processes, no oversized solution, and no no unnecessary features features.
A specialized solution that secures your payments while simplifying your workflows.
Why verify your suppliers' bank details?
Calling the supplier back is the most common reflex. But it offers no real guarantee. You still need to find the right number, reach the right person, and follow up until someone answers. Between the searching, the calls and the chasing, these checks quickly add up to several hours a month.
As for supporting documents, they prove nothing: a bank statement can be forged in minutes with AI, and a genuine company registration document can sit alongside fraudulent bank details.
Ibantrack automates supplier bank account verification by querying the bank directly, confirming within seconds that the account really belongs to your supplier. No call-backs, no documents to chase, no waiting for a reply.
The three moments when verification is essential
At supplier onboarding
At every change of bank details
Database clean-up
Ready to secure your supplier payments
and automate manual checks?
Start your free trial now.
FAQ
Frequently Asked Questions
How does Ibantrack verify the identity of an IBAN holder?
Ibantrack queries the banking institution linked to the IBAN directly and in real-time.
Unlike a simple format or checksum check, we confirm that the name (or company name) matches the bank's official records.
Which countries are covered by Ibantrack?
Ibantrack allows you to verify bank accounts across the entire Eurozone.
This secures your international transactions and simplifies the management of your European suppliers, customers, and employees through a single solution.
Can I check IBANs from any bank, including neobanks?
Yes. Ibantrack allows you to verify IBANs from banks across the Eurozone, including traditional institutions, neobanks (such as Revolut, N26 or Trade Republic), and other payment service providers.
Is the verification result reliable?
Yes. Ibantrack queries the bank holding the account directly, allowing them to perform the check against their own live records.
The result is fully reliable and definitive, unlike other solutions that rely on past transaction history or crowdsourced databases. Only a direct query to the banking institution can guarantee the holder's identity and effectively protect you against wire transfer fraud.
Does your solution allow me to find out who owns an IBAN?
(e.g., to find a name after an accidental transfer)
Due to security regulations and banking secrecy, you must always provide both the IBAN and the identity (name or company name) of the beneficiary. We then confirm if these two elements match.
If the identity entered is a close match to the bank's records (e.g., a typo, a compound name, or a maiden name), Ibantrack will provide the exact name registered by the bank. This transparency allows you to clear up any doubts instantly and proceed with confidence.
However, if the identity does not match at all, we are not authorized to reveal the actual account holder's name. We will simply inform you that the details do not match, signaling a risk of error or fraud.
How do you ensure Data Privacy and Security?
All data processed by our services strictly adheres to GDPR. Data is transmitted securely and encrypted to banking institutions solely for verification purposes. No banking data is permanently stored on our servers beyond your viewing history.
Please consult our privacy policy for more information on the processing of personal data.
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