Overview

Qombo provides a single endpoint to verify any IBAN, whether for individuals or legal entities. This ensures compliance with the VoP scheme defined by the EPC and enhances payment security.

What you get in the response

When you submit a verification request, you receive:

Matching information from the Responding PSP - as defined by the EPC’s VoP scheme.
Additional IBAN insights from Qombo - helping you further assess fraud risks.

Best Practices for Using the Requesting API

Verify at beneficiary creation - call this endpoint when a new beneficiary is added to your customer's interface.
Revalidate at first payment - before processing a first payment, either:
- Send a new verification request, or
- Reuse the previously obtained verification result based on your risk strategy.
  By following these recommendations, you can prevent misdirected payments and reduce fraud risks while ensuring a seamless user experience.