Accuity, the leading provider of payment routing data, AML screening software and services is pleased to introduce new enhancements that have been made to its industry-leading online payment look-up tool, The Global Banking Resource (TGBR).
The Correspondents page on TGBR has been reconfigured to allow users to more easily associate correspondents with specific beneficiary SWIFT/BIC or CHIPS UID payment codes.
The improvements to TGBR's Correspondent page provide one-click access to additional payment data, such as correspondent type and information about the institution holding the account, to further assist users with their payment needs. By providing the specific SWIFT/BICs to include in the correspondent payment instructions on a single screen, TGBR saves users time and helps ensure that payment instructions are set up correctly. In addition, having direct access to correspondent/SSI types will allow users to pinpoint the SSI they need for a specific payment type, reducing payment failures and saving money on repair costs and returned item fees.
"We are continuously looking for ways to improve our solutions and provide our customers with additional benefits from the use of our tools," said Brent Newman, Managing Director of Accuity's product and data teams. "This enhancement to TGBR makes our Correspondent data even easier to use. It's another way that Accuity is leveraging what has become the industry's Golden Copy of payment data and putting that unrivaled information to work for our customers."