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.