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what_is_account_holder_verification

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what_is_account_holder_verification [2015/09/30 10:37] (current)
Jaco van Wyk created
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 +====== What is Account Holder Verification?​ ======
  
 +Account holder verification (AHV or AVS) is a service that allows you to verify whether a natural person or legal entity claiming to be is indeed the holder of a specific bank account.
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 +This is done by verifying the person’s identity number (ID) or business registration number against the bank account.
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 +A true or false response will be obtained on successful verification and you may also be informed whether the account has been open for more than three months.
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 +Bank account holder verification,​ AHV, is an effective method of reducing the risk of fraud when collecting funds from many accounts. 
what_is_account_holder_verification.txt · Last modified: 2015/09/30 10:37 by Jaco van Wyk