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Albany eVERIFY for Direct Debits

To become a Paperless Direct Debit originator, you must have bank account validation.

Albany eVERIFY is accredited by the Payments Council to validate your data at point of entry by crosschecking bank account details against the Extended Industry Sort Code Directory (EISCD) to make sure they fit the required criteria for multiple types of payment submission, including Bacs, Faster Payments and Direct Debits.

Correct data is essential for:

• Setting up DDs on time
• Processing Bacs submissions that are always correct and always on time
• Avoiding bank charges
• Maintaining trusting relationships with your bank, Bacs and customers

In order to avoid contacting Direct Debit submitters to correct their inaccurate details, it is vital to ensure that all bank sort codes and account numbers are correct before entry into your database.

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