Requester

The Banfico AVS Requester (also referred as Banfico AVS Outbound) service enables a PSP to verify recipient details on behalf of customers before processing outgoing credit transfers, acting as the requesting party within the Banfico Account Verification Service ecosystem.

Banfico offers AVS requestor service:

• Single Check – Perform a one-time AVS verification.
• RESTful API Integration – Integrate AVS checks directly into your applications and workflows.
• Manual Checks via the Portal – Submit and manage AVS checks through the web portal without requiring an API.

Authentication & Security

OAuth2 is Banfico's default and recommended framework for API connectivity. Banfico can support both client tokens and private key JWT for authentication. Banfico also supports mTLS and IP Whitelisting depending on client needs

NOTE: In the inter-PSP domain, Banfico will follow scheme specific rules API specifications and API Security Frameworks (Open Banking security protocols) for communicating with the responding PSPs

Network Integration & Routing

Banfico Requestor is integrated with global participant directories and registries for discovery and routing of requests to the respective responding PSPs across multiple payment schemes.

Additional Features

Banfico Requestor Service offers the additional features that supplement the mandatory account verification services. Most of these services can be availed using a white labelled portal or through API integration:

• Requestor Data Services
• Certificate Management
• Participant Management
• User Management
• Multi-scheme Support
• Audit & Compliance