6 May, 2026

🚀 Account Verification Service – Now Live

We’ve rolled out our new Account Verification Service to improve transfer accuracy and reduce failures.

What’s new:

  • ✅ All newly added IBANs are now automatically verified
  • ✅ The system fetches the official account holder name directly from the bank
  • ✅ Verified names are used during transfers to ensure accuracy

Why this matters:

  • Reduces transfer failures caused by name mismatches
  • Improves compliance with banking partners
  • Gives users more confidence before sending funds

This enhancement ensures a smoother and more reliable transfer experience across all transactions.


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