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Follow on Google News | Reliable IBAN/BIC conversions by BL IBAN ConverterBusiness-Logics launches the IBAN Converter as a tool for payment service providers and enterprises for the easy and reliable migration from account number and bank code to IBAN and BIC
As is generally known, the devil is in the details, which stands out latest when looking at the list of IBAN rules published by the German Bundesbank. Hence it is no surprise that the majority of IBAN converters available for Germany implement just the straightforward case of combining account number and bank code with a checksum and the country code. However for practical use, such implementations are not recommendable, because they introduce invalid bank connections into the data inventory and lead to high efforts for rectification and wrong transactions. For this reason Business-Logics offers the complete implementation of all rules for Germany as a program and software component. The method applied in the BL IBAN Converter (http://www.business- For batch processing the BL IBAN converter supports the file specifications and data record description for the so-called IBAN-back-and- Moreover, software makers, services providers and enterprises can integrate the software into their own programs as a Java API. Additionally, the converter can be invoked via command line interface or from other programs. As usual Business-Logics offers reliable support also for this product, including updates for changes in the files of bank codes or adjustments of IBAN rules of individual banks. End
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