Dubai, UAE, 21 August 2024: Mashreq has launched the International Bank Account Number (IBAN) Validation Application Programming Interface (API), tailored for its business and corporate customers. The move reaffirms the bank’s status as a leader in digital banking innovation.

The API seamlessly integrates with the Central Bank of the UAE (CBUAE) payment infrastructure, ensuring accurate verification of beneficiary account details in compliance with regulatory standards. Mashreq’s customers can access this practical tool through the bank’s API Developer portal, integrate it into their existing systems effortlessly, and use it to validate IBANs on demand in real time, eliminating delays and improving payment efficiency.