Unified Software Releases BankVal SMS

Unified Software, the leading specialist in UK and International financial web services, has extended its portfolio with an innovative new product. BankVal SMS validates UK bank details any time, anywhere, via simple mobile phone text message.
 
April 20, 2010 - PRLog -- Unified Software’s BankVal SMS service provides, for the first time, the capability to verify UK sort codes and bank account numbers and retrieve important clearing information about any UK bank branch using simple mobile phone text messaging.

When signing up a new customer for Direct Debit, it is essential to check that the sort code and account number are valid and that the bank branch is not one of the 10% or so of UK branches that do not support DDs. Failure to carry out these checks will cause problems later during BACS submission. Rejections at this stage can be expensive and time consuming to rectify.

Until now, field sales staff, charity workers, utility companies and many others have been unable to check bank details at the moment they are provided by the customer. Incorrect details cause problems later, when Direct Debit mandates are processed back at the office.

BankVal SMS has been developed to solve this problem. Now, customer bank details can be checked in real time whilst the customer is still present, ensuring that any mistakes are corrected before they cause problems.

George Barron, CTO at Unified Software comments:
“For some time now, a number of our existing web service customers have been asking about a mobile version of our popular BankVal UK http://www.unifiedsoftware.co.uk/products/bankvaluk/bankv... web service. In order to meet their requirements, the new service had to be independent of phone platform and require no special hardware or software. Mobile phone messaging seemed like the ideal solution, so we developed BankVal SMS”

BankVal SMS is provided on a Pay Per Use basis, allowing organisations of any size to benefit from improved data quality, improved efficiency and reduced costs.


Unified Software’s customers include BP, JP Morgan Chase, Greenpeace, BT, Genworth Financial and Moneysupermarket.com. To find out more about Unified Software visit http://www.unifiedsoftware.co.uk

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Unified Software Ltd is a leading provider of payment and bank validation web services. Our innovative services are used by some of the world's most prestigious organisations to improve the efficiency of their electronic payment processing.
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