How to Use a Cheque API

 A cheque API is a web service that enables you to send and receive payments using any bank account. Its capabilities help you manage all your accounts from one simple interface. Cheques that are written with the API can be sent via mail, office printers, or through reputed printers. In addition, you can print out your cheques on bank-grade security paper. This way, you can protect your cheques from fraud.



CreditRegistry, Nigeria's largest credit bureau, has launched a cheque APi to verify the financial credibility of cheque issuers. This service will help banks and other financial institutions avoid accepting dud cheques from serial dishonored issuers. This API will help banks and other financial institutions comply with new Nigerian directives to prevent check fraud. As the number of check frauds is expected to rise after COVID-19, this API will prevent fraud.

If your bank account API returns a success message, you can proceed to enter the payee's name. It is vital that this match the name that appears on the cheque. Joint accounts will display an Office Name. If your office account does not match the name, you should edit the payee's name accordingly. Then, scan all the cheques in a batch. If all cheques are successfully scanned, the batch number will be displayed.

Once your cheque APi has uploaded the documents, you must run validation reports. You will be able to see the number of cheques that were scanned and the difference amount. This report is updated every time a cheque moves. It also updates automatically, so you don't have to wait until the next day to see your data. After all, it's always better to be safe than sorry! Once you've done this, you'll be assured that your cheques are safe.

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