For organizations seeking to comply with SWIFTâs MT103+ messaging standards and EU regulation 2560/2001, Accuityâs IBAN File offers access to over 200,000 records for more than 7,000 European financial institutions. The integration of this data file with Bottomlineâs BankScan International, which enables users to automatically or manually check BIC and IBAN information, will allow Bottomlineâs customers to further reduce payment processing costs, avoid unnecessary bank charges and improve query rates.
Bottomline is currently leveraging Accuityâs Global Payment Fileâ¢ with WebSeriesÂ®, its Web-based payments automation platform. Accuityâs Global Payment File provides the most accurate, reliable and up-to-date financial institution data and routing information available for over 200 countries including head office and branch mailing addresses, department-specific contact information, SWIFT/BICs and bank routing codes.
Accuity will be showcasing the IBAN File and other solutions at SIBOS, October 9-13, 2006 in Sydney, Australia.