6 May, 2026
๐ Account Verification Service โ Now Live
Weโve rolled out our new Account Verification Service to improve transfer accuracy and reduce failures.
Whatโs new:
- โ All newly added IBANs are now automatically verified
- โ The system fetches the official account holder name directly from the bank
- โ 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.