Accuity is committed to helping our customers save money whenever and wherever possible by providing them with the right information, the right tools and the right functionality to increase payment straight through processing.
Skokie, IL (PRWEB) May 11, 2011
Accuity, the leading provider of payment routing data is pleased to announce its powerful online payment look-up tool, The Global Banking Resource™ (TGBR), offers the industry’s largest and most trusted database of national bank codes for countries and territories around the world. The collection of national bank codes that Accuity has compiled, along with the most complete database of SWIFT/BICs, CHIPS and bank details for every office in every country around the world, allows Accuity to offer the most comprehensive set of payments data available.
TGBR’s national bank code data provides financial institutions and corporations the opportunity to dramatically reduce costs when making international payments. By providing more national bank and branch clearing codes than any other source, TGBR enables users to optimize their payment routing decisions saving time and money. By choosing to make local payments whenever possible, organizations can often bypass more expensive cross-border payment methods and payment networks.
A critical component of Accuity’s payment routing data, the industry’s Golden Copy, the national bank codes within TGBR further reduce costs by ensuring the validity of codes that have been submitted for payment. The solution’s powerful, easy-to-use search engine enables users to validate information supplied by customers, vendors or other data providers for correct length, format and branch information, reducing or eliminating the likelihood of return payment fees. Updated daily, TGBR allows users to search by a wide range of criteria such as location and institution type and offers access to the most SSIs and correspondent information in the market providing the most comprehensive source of critical payment routing information for all bank offices worldwide.
“Accuity is committed to helping our customers save money whenever and wherever possible by providing them with the right information, the right tools and the right functionality to increase payment straight through processing,” said Robert McKay, managing director of Accuity’s payment solutions. “By offering the most comprehensive and granular national bank code data available anywhere, TGBR is helping them achieve that goal, regardless of where a payment is to be made or what borders it has to cross.”
Additional information about TGBR can be found on Accuity’s web site. To learn more about this comprehensive payment tool, request a free trial today or contact Accuity’s Customer Service Team at custserv(at)accuitysolutions(dot)com.
Accuity is the leading provider of global payment routing data, AML screening software and services that allow organizations, across multiple industries, to maximize efficiency and facilitate compliance of their transactions. As the Official Registrar of ABA Routing Numbers since 1911, Accuity maintains the most authoritative and comprehensive databases globally with a reputation built on the accuracy and quality of our data, products and services. For more than 150 years, our worldwide clients, located in over 150 countries, have included C-level executives, managers and technology professionals. The solutions and services we provide are packaged in multiple formats to serve their diverse needs. For more information, please visit http://www.accuitysolutions.com.