BIC plus IBAN validation and lookup

Proper handling of bank identification with either the Bank Identification Code (BIC), or International Bank Account Number (IBAN) is required throughout the SEPA process, a process that includes validation, domestic format conversion, and client data mapping. Although the IBAN has the same function in multiple countries, the components that comprise the IBAN can vary in length, or in other requirements. This increases the complexity involved in SEPA implementations.