Account validation software ensures you have valid account numbers and sort codes at the point of data entry. If you need to collect a sort code and a bank account number, validating the data early will save you time and money in the long run. Whether it is for Direct Debits or Direct Credits catching an error early means fewer costly representations or failed credits.
As BankCheck is a web service it means that you can embed the sortcode lookup and the modulus check directly into your website or other data collection application. Being a web service we take on the task of ensuring the most up to date ISCD is available on our servers so you know you have the most current data. Sometimes known as Cloud Computing or SaaS (Software as a service), it means that you can concentrate on the part of the application you understand best and we can provide web based services to meet your needs.
If you are a Paperless Direct Debit originator it is a mandatory Bacs requirement that you perform the validation at the point of data entry and that there is no further keying of the data. BankCheck is web based service to allow you to easily validate bank sort codes and bank account numbers at point of entry.
You may not need the ability to build BankCheck into your own application so we also provide a simple Windows App which does the job of verifying the sortcode and bank account number for you. Again, because we only charge for the use of the service you can install BankCheck on just one desktop or a thousand desktops, we don't mind.
Performing sort code validation and bank account validation ensures you have the correct bank details and is crucial to the smooth running of your direct debit management systems. In particular, when accepting paperless direct debit instructions it is mandatory that you perform an ISCD lookup and modulus check at the time of accepting the instruction. BankCheck does just that for you, it ensures your sort code and account number are checked and accurate from the start.
The payment model of "pay per click" means you can install BankCheck on as many PCs as you require and you only pay for your usage. (The software is free to download on as many PCs as you wish). Mosaic Software has many tools and solutions to meet the needs of Bacs Direct Debit Originators and Bacs Payments. BankCheck is used in all of them to ensure the integrity of your data:-