With the use of IBAN verification, your company is able to verify whether the IBAN provided by the customer is in use and under whose name it is registered. This provides you with certainty of the identity of your online customer and avoids errors in billing.
The Know Your Customer (KYC) process on mobile devices is made simpler and faster with the use of IBAN verification.
* Please note that this product is only available for clients with a Dutch bank account.
Checking customers' IBAN is simple. Let the customer make a € 0.01 transaction via iDEAL to verify the account. Once the payment is completed succesfully, you'll immediately receive the name and IBAN of the used account via our API.
This transaction verifies that the given IBAN is in use and the user actually has access to it.
IBAN verification is based on a transaction via iDEAL. iDEAL is available in the Business and the Enterprise package.
|Business (€ 299,- p/month)||Enterprise (€ 499,- p/month)|
|IBAN verification via iDEAL:||€ 0.20||€ 0.14|