Follow Bank Account Verification - Open Banking status

On this page, you will find comprehensive information about the Bank Account Verification - Open Banking lifecycle.

Verification statuses

The bank account connection verification lifecycle is really simple and consists of the following stages:

Status

Description

Recommended action

pending

The Bank Account Verification - Open Banking has been initiated.

Wait for the status to change.

inconclusive

The verification could not be completed (e.g. the end-user failed to authorize their bank). For more details, refer to the status codes section below.

Initiate a new bank account connection verification, and share the URL to the end-user for a new attempt on their side.

verified

The Bank Account Verification through Open Banking has been successful.

Proceed with accepting the request that required a bank account verification through Open Banking.

failed

The Bank Account Verification - Open Banking failed due to certain issues. For more details, refer to the status codes section below.

Reject the request that required a bank account verification. If needed, initiate a new bank account connection verification.

Status codes

STATUS: inconclusive

ℹ️

Unlike verified or failed statuses, an inconclusive verification does not incur a charge to the client.

CodeTypeDescription
BACV_1100Platform issueError on the platform side.
BACV_1200User issueUser canceled the verification.
BACV_1201User issueUser declined consent.
BACV_1202User issueVerification expired (after 7 days) before the user completed the flow.
BACV_1300Authentication issueDynamic credentials incorrect.
BACV_1301Authentication issueDynamic credentials flow canceled.
BACV_1302Authentication issueDynamic credentials flow timeout.
BACV_1303Authentication issueUser not a customer.
BACV_1304Authentication issueUser blocked.
BACV_1305Authentication issueUser concurrent logins.
BACV_1306Authentication issueAction not permitted.
BACV_1307Authentication issueUser action required.
BACV_1308Authentication issueNo account.

STATUS: failed

CodeTypeDescription
BACV_1403Account type issuePersonal account expected, Business account found.
BACV_1404Account type issueBusiness account expected, Personal account found.
BACV_1405Account type issueThe full name value is missing from the bank account.
BACV_1406Account type issueThe full name extracted from the verification doesn’t match the declared information.