Fastest growing ACH and e-Check verification service in the industry.
Choose the right format for you.
RVD is available as a REST API for software applications, as a batch process through secure FTP, and via a web-based portal for merchants doing singular transactions.
Write your own rules.
The application can also be refined and configured to suit your particular risk tolerance. Working with your assigned representative, we can help ensure your business is more profitable.
Add-on modules to meet your needs.
Federal regulations require particular industries to perform an OFAC check before processing money movement. RVD offers an add-on module that will add OFAC screening within one transaction. Other options feature an eCheck add-on that allows you to enhance your depository system by moving from ACH to eChecks.
Right-sized for your needs.
RVD is available in five editions with tiered pricing.
|FCRA Solutions||Non-FCRA Solutions|
|Validates bank routing number||Available||Available||Available||Available||Available|
|Complies with Nacha Web Debit Rule||Not available||Not available||Available||Available||Available|
|Provides optional OFAC checking||Not available||Available||Available||Available||Not available|
|Provides Decision Code on all transactions||Not available||Available||Available||Available||Available|
|Identifies known account closed accounts||Not available||Available||Available||Available||Available|
|Identifies known account not found or invalid accounts||Not available||Available||Available||Available||Available|
|Validates bank account number & structure||Not available||Not available||Available||Available||Available|
|Provides negative and positive history for the account||Not available||Available||Available||Available||Not available|
|Returns names and telephone numbers associated with the account||Not available||Available||Available||Available||Not available|
|Provides first and last date the account has been seen in RVD||Not available||Available||Available||Available||Not available|
|Returns the average amount of days for payment on a returned item||Not available||Available||Available||Available||Not available|
|Details most current returned reasons||Not available||Not available||Available||Available||Not available|
|Accesses additional financial and retail databases||Not available||Not available||Not available||Available||Not available|
|Details unauthorized returns reported on the account||Not available||Not available||Available||Available||Not available|
|Provides Risk Level code on all transactions||Not available||Not available||Not available||Available||Not available|
|Provides name, address, telephone number, and contact information for the financial institution||Available||Not available||Not available||Not available||Not available|
|Indicates if the bank routing number will accept ACH debit transactions||Available||Not available||Not available||Not available||Not available|
|Provides new routing number if the original has changed||Available||Not available||Not available||Not available||Not available|
MicroBilt is a NACHA Preferred Partner for Bank Account Verification. NACHA Preferred Partners are a select group of innovators that contribute to NACHA’s strategic efforts in support of the payments ecosystem by removing friction, increasing ease, improving cash flow accessibility and efficiency, as well as supporting sound risk management and security for ACH payments. MicroBilt was selected as a Preferred Partner because of its proven service that provides accurate and timely verification of bank account information, enabling businesses to reduce risk and improve transaction quality.
Rock solid security for you, your business and your customers.
RVD was built by MicroBilt, a leader in the risk management and data-services industry for over 40 years. MicroBilt uses banking quality data encryption, meeting the industry’s most stringent data security requirements as well as current FCRA compliance standards.
|Validates bank routing number|
|Provides Optional OFAC checking|
|Validates that the structure of the account is correct for the issuing bank|
|Provides new routing number if the original has changed|
|Provides name, address, telephone number, and contact information for the financial institution|
|Identifies the account type (checking, savings, money market etc.) if known|
|Indicates if the bank routing number will accept ACH debit transactions|