In response to changes in the UK banking system, leading UK bank validation specialist Unified Software has launched a new bank data download service, ensuring that customers automatically have access to the latest reference data at all times.
The Extended Industry Sorting Code Directory is the definitive database of UK bank branch information and is an invaluable reference for all businesses. To maintain the accuracy of this data, it is essential to obtain regular updates. Inaccurate banking information can cause payments to fail, resulting in unnecessary costs and business disruption.
The UK banking system is dynamic; the EISCD is subject to numerous updates from one week to the next. Lately however, the number of updates has increased. And with more changes in the pipeline such as Santander's acquisition of more than 300 RBS and NatWest branches, the need for frequent updates to this important reference data is greater than ever.
As an authorised distributor of the EISCD, Unified Software provides such updates and is pleased to announce a new service which ensures that customers automatically have access to the latest data at all times.
George Barron, CTO at Unified Software comments: "In response to customer requests, we have now introduced a download service which allows our customers to import the sorting code directory straight into their systems.
This reduces the need for manual processing and ensures that updates aren't forgotten about. The service is available to new and existing customers at no extra charge and can be set up in less than an hour. "