Account Verification Services

Account Verification Services (AVS)

Our AVS ensures reliable, streamlined and accurate payments and collections by validating the account information of all parties involved in the transaction. Understanding that business is time-sensitive, and cash flow is critical, all verifications are performed in real time without the need for manual intervention.

Verifying key information such as account number, ID or company registration number improves the integrity of your data and reduces the risk of payment errors that can result in delays and financial losses.

By creating efficiencies in new customer onboarding, AVS streamlines business operations, mitigating the risk of unpaid collections and the occurrence of payment reversals or chargebacks.

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FirstRand Bank Limited (London Branch) UK establishment office (Branch Reg No BR010027), is a branch of FirstRand Bank Limited, a public limited company registered with the Companies and Intellectual Property Commission in South Africa (Reg No 1929/001225/06). FirstRand Bank Limited is authorised and regulated by the South African Reserve Bank’s Prudential Authority. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.