6 May, 2026

๐Ÿš€ Account Verification Service โ€“ Now Live

Weโ€™ve rolled out our new Account Verification Service to improve transfer accuracy and reduce failures.

Whatโ€™s new:

  • โœ… All newly added IBANs are now automatically verified
  • โœ… The system fetches the official account holder name directly from the bank
  • โœ… 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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