Stop fraud and secure transactions.
Bank Account Verification instantly confirms applicant details, safeguarding your business from financial risks.
LET’S UNDERSTAND
The significance of a bank account verification check is to ensure the financial integrity and trustworthiness of potential employees. These checks involve verifying the accuracy of an applicant’s stated bank account details, typically through direct communication with the applicant’s bank or financial institution.
Identify and prevent potential instances of identity fraud or misrepresentation. Ensuring that the provided bank account details match the applicant’s true identity helps maintain the security of financial transactions within the company and safeguards your company’s workforce and assets.
Conduct a bank account verification for the smooth and error-free processing of employee payroll.
Maintain your company’s industry integrity by verifying an employee’s financial standing for roles that involve handling sensitive financial data or government contracts. Bank account verification also helps mitigate the risk of hiring individuals involved in money laundering or other fraudulent activities.
Whether you need to check one candidate’s work history or hundreds, Dots360 helps you scale your screening process and reduce administrative burden.
Confirm the account holder’s identity and account status instantly.
SLA: Real-time
Verify business bank accounts and ownership in real time.
SLA: Real-time
Used and trusted by 100s of organizations and companies
