Account Validation

Account Validation lets you verify the account status, authenticate the account owner, confirm account access and assess the fraud risk related to personal and business bank accounts.

Account Validation Standard lets you verify account status and authenticate the account owner of United States accounts.
Global Account Validation lets you verify account status and authenticate the account owner of accounts in other countries.
Account Confidence Score (ACS) is a risk score generated by an AI-based machine learning model that indicates the likelihood of fraud on a beneficiary account.
Microdeposits let you verify account status and confirm account access.

Disclaimer

The use of ACS does not satisfy any regulatory or other requirements for establishing or maintaining sanctions, Anti-Money Laundering (AML), or Know-Your-Customer (KYC) programs. Clients using ACS remain subject to, and are solely responsible for, compliance with their own regulatory and sanctions obligations. The use of the service does not constitute a guarantee or assurance that transactions will be processed for counterparties.

Benefits

The following are key benefits of using Account Validation to verify accounts and reduce payment-related risks:

Operational efficiency: Avoid originating payments with erroneous data and reduce the likelihood of returned payments.
Fraud detection: Review potentially high-risk changes to payment instructions received via non-secured channels, such as email.
Compliance: Comply with Nacha’s WEB Debit Account Validation Rule, which requires a commercially reasonable validation solution.

When to use Account Validation

The following list describes when to use Account Validation to verify accounts and safeguard your payment processes:

Verify accounts status

Verify accounts inside and outside the United States.

Authenticate account owners

Securely authenticate account owners inside and outside the United States.

Help prevent payment fraud

Safeguard payment transactions by proactively assessing the risk.

Tip

The Fair Credit Reporting Act (FCRA) applies to debit return likely responses

Availability

Account Validation is currently available in the following locations:

Account Validation availability
Region	Country	Services
North America (NAMR)	United States	Account Validation Standard Micro-deposits (ACH and RTP) Account Confidence Score Global Account Validation
Europe, Middle East and Africa (EMEA)	Ireland	Global Account Validation Micro-deposits (SEPA)

Account Validation services cover validation of customers based in these countries.

Next steps

Understand the required parameters to verify a United States bank account.