As part of its continuing strategy to enhance the provision of critical payments data and support IBAN verification initiatives, Bankersalmanac.com says it has further enriched its payments data.
As SEPA continues to drive banks’ operational efficiency in Euro payments, Bankersalmanac.com’s enhanced data claims to help to reduce costly IBAN processing errors, by offering an IBAN Search providing relevant SWIFT/BIC for an IBAN, alongside contact details for individual branches and payments personnel. It also offers 304,000 clearing codes across 198 countries.
In addition, Bankersalmanac.com has upgraded its Standard Settlement Instructions and payments routing data globally to cover more thank 106,000 international banking SSIs catergorised by commercial payments, foreign exchange and money markets. It also offers payments systems data outlining the domestic and international payment mechanisms such as Swift, CLS, Target and EBA.
Commenting on the achievement, said: “Our brand, global reach and direct relationship with the banks and central data sources mean that financial institutions can rely on us to provide quality payments and settlements data,” says Kerry Hewson, director, Bankersalmanac.com. “At Bankersalmanac.com, we are committed to sourcing and maintaining accurate data in order to help our customers reduce overheads, save time and focus precious staff resource on other business critical processes.”
Bankersalmanac.com will demonstrate its enhanced payments data at Swift’s Sibos event in Boston 1 to 5 Oct. For more information or to book an appointment to meet representatives from Bankersalmanac.com at Sibos, visit: www.bankersalmanac.com