IBAN Validation

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Automated account validation in Trustpair

Automate IBAN Validation Globally, with Trustpair

IBAN validator tools and account validations performed manually by financial teams are insufficient against vendor fraud. They’re time-consuming and prone to errors. With Trustpair, validate vendor legitimacy across 200 countries and boost team efficiency through automation. Take action against vendor fraud, now.

Automate Safely

We automate account validation, reducing time-consuming and manual taks. Teams gain time and peace of mind.

Gain Efficiency

We offer flexible integrations and easily connect to existing systems, designing a solution suited to your business.

Control Globally

Validate vendor bank legitimacy in 200+ countries thanks to the largest banking data sources network.

Your fortress against vendor fraud

Experience Seamless Security in Action. Request Your Demo Today !

FAQ

Frequently asked questions

Browse through our different sections and find the answer to your question.

Automated account validation checks each bank account number and International Bank Account Number (IBAN) for a valid format. Unlike manual checks, which are slow and error-prone, automation quickly verifies the IBAN code, bank code, or routing number to prevent failed transactions and hidden fees during an international transfer.

It takes minutes instead of half an hour, ensuring money reaches the right destination. Automated tools also block suspicious suppliers in real time, reducing vendor fraud risks. With secure APIs and ERP connectors, both corporate and individual accounts remain protected while payments are processed safely.

The following countries are having country specific validations: Australia, Austria, Belgium, Brazil, Denmark, Colombia, Finland, France, Germany, Greece, Iceland, Ireland, Israel, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland, United Kingdom, and United States. Our platform can validate bank account numbers from all of them.

Yes. Trustpair’s international account validation follows Nacha, KYC, and AML requirements. These ensure every bank account number, IBAN code, and routing number is in the correct structure and valid format to prevent failed transactions.

Trustpair checks each International Bank Account Number (IBAN) and basic bank account number across countries, guaranteeing payments are processed securely and reach the right destination. The platform helps businesses identify fraud risks and protects both corporate and individual accounts while staying 100% compliant.

IBAN validators only check the format of IBANs, not their validity. They don’t check:

  • That the bank account actually exists or
  • Who the recipient is.

Even using the best-in-class tool might validate a null IBAN, resulting in a return of funds.

This process also leaves a huge security gap in your account validation process. If you use free IBAN validators to check your supplier’s credentials, it exposes you to wire transfer scams.

Wire transfer fraud takes various forms:

  • Vendor fraud: fraudsters impersonate your suppliers to get you to send them unauthorized funds.
  • CEO fraud: scammers pretend to be your CEO to ask you to wire funds.
  • Internal fraud: employees approve payments for fake or illegitimate invoices.

None of these frauds can be prevented by checking IBAN.

An anti-fraud solution like Trustpair protects you against financial fraud by doing 3-way matching. When checking IBAN, we check:

  • The bank account digits are correct and the account is valid.
  • The account belongs to someone.
  • Both pieces of information match.

IBAN validators also aren’t efficient. If you want to check several bank numbers internationally, you’ll have to do it manually one by one. It’s OK if it’s an occasional task, but not if you’re a company that deals with various international suppliers.

In this case, it’s more efficient — and secure — to use a first class solution like Trustpair. Our solution detects IBAN mistakes but also fraudulent attempts, supporting your anti-fraud strategy.

An International Bank Account Number (IBAN) must follow a strict structure and valid format. Even small mistakes in the IBAN number can cause failed transactions or delays in your international transfer.

Common IBAN errors include:

Typos: Entering the wrong account number or IBAN code when you type it manually.

Invalid format: Missing or extra characters, or confusion with the BIC or SWIFT code. Each country has its own IBAN length and structure.

Owner details mismatch: If the bank cannot match the name or address provided, the payment may be rejected and funds returned.

These mistakes represent real risks for businesses. They can create hidden fees, slow down transfers, or send money to the wrong destination. Using an automated IBAN validation tool like Trustpair helps companies identify errors instantly and guarantee that transactions are processed correctly.

Trustpair can protect your entire P2P chain with agile integrations into your existing software – procurement, ERP, and TMS. We offer several technical options to connect with your existing tools such as SAP, Ariba, Sage. You can also embed our automatic international account validation tool in your systems with our API, and so boost your financial teams poductivity by avoiding switching between platforms.

Duplicates. Inconsistencies. Fraud. Clean your vendor data before it costs you

Duplicates. Inconsistencies. Fraud. Clean your vendor data before it costs you