Account Verification Service (AVS)

The Account Verification Service (AVS) introduced by Arab National Bank (ANB) is designed to streamline the verification of account details for corporate clients, ensuring accuracy by validating information such as IBAN, National ID, and Debtor BIC before any transaction is processed, thereby minimizing the risk of payment errors and enhancing financial operations. Clients have the option to use Bulk AVS for verifying multiple accounts simultaneously by submitting a CSV file, making it ideal for businesses with high transaction volumes, or Single AVS for individual account verifications, which provides a quick and efficient solution with immediate feedback on account validity.

• Receive instant Match/No Match responses.
• Webhook notifications provide status updates for each request.
• Review and Resubmit (For Bulk AVS).
• Review failed records, correct them, and resubmit for validation.

To use either Bulk AVS or Single AVS, clients need the following:

• B2B Connectivity: Clients must be connected to ANB’s B2B platform to access the AVS services.
• IPS Proxy Registration: Ensure registration via proxy using National ID, IBAN, or Debtor BIC.
• CSV File Format (For Bulk AVS): Bulk requests must be submitted in CSV format.

• Bulk File Submission: Upload CSV files containing multiple account details.
• Proxies: Verify accounts using National ID, IBAN, and Debtor BIC.
• Real-Time Response: Receive instant Match/No Match responses for each account.
• Automated Process: The system automatically processes and logs all requests in the B2B database.
• Webhook Notifications: Get real-time notifications upon completion of the verification process.

Integrate ANB’s B2B API for submitting AVS requests, whether bulk or single.

For Bulk AVS, prepare a CSV file with account details and upload it through the API.
For Single AVS, submit individual account verification requests directly via API.