MyGate’s Bank Account Verification Service (AVS) verifies the identity of an account holder against the account number supplied. This aids to ensure account holder information is correct before debit submission.
- Account Verification Results can be viewed from reporting in the MyGate Web Console.
- All reports can be downloaded in CSV format.
- Results of the bank account number to ID match are either displayed as ‘positive’ or ‘negative’.
- If the status is displayed as incomplete then MyGate is waiting for the results from the bank.
- Results can take up to 24 hours.