Account Verification Service

Bank Account Verification

  • 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.
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