Counterparty Validation
This section explains how to validate external counterparty information before initiating outbound payments.
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This section explains how to validate external counterparty information before initiating outbound payments.
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Before you initiate outbound payments we strongly recommend to use this API to check validity of the counterparty values. Our platform applies necessary checks as per respective regulations including Pay.UK Confirmation of Payee, Vocalink Modulus Validation or similar checks for IBANs.
Authorization header containing your API Token
Nonce used to generate the payload signature
Payload signature
Date of the request un UTC/GMT
The sort code of the UK bank account
010102
The account number of the UK bank account
12345678
The IBAN of the account
GB33BUKB20201555555555
The BIC of the account
BUKBGB22