Introduction to Account Verification

Account Verification capability allows you to verify the ownership of the account using two different approaches -

1. Use Open Banking enabled user consented data to verify key details such as Account Holder Name and IBAN as received from the bank.
2. Verify if an IBAN belongs to a given identifier (National Id or a Commercial Registration Number). This is accomplished without requiring the customer to go through an Open Banking consent journey and is available for all banks in KSA that are connected to Sarie.