> ## Documentation Index
> Fetch the complete documentation index at: https://documentation.idenfy.com/llms.txt
> Use this file to discover all available pages before exploring further.
# Bank Verification
> Verify customer bank accounts using the iDenfy open banking integration with support for 2,500+ EU banks and multiple data layers.
## What Is Bank Verification?
To learn more about what bank verification is and how it’s used in the industry, see our [**blog post**](https://idenfy.com/blog/bank-account-verification-guide/?utm_content=undefined)
If you’re interested in the bank verification services we provide, [**follow the link**](https://idenfy.com/bank-verification-service/)
## Supported Countries
| Austria (AT) Belgium (BE)Bulgaria (BG) Croatia (HR)Cyprus (CY)Denmark (DK) Estonia (EE)Finland (FI) France (FR) | Italy (IT) Latvia (LV) Lithuania (LT) Luxembourg (LU) Malta (MT) Germany (DE) Greece (GR) Hungary (HU) Iceland (IS) Ireland (IE) | Netherlands (NL) Norway (NO) Poland (PL) Portugal (PT) Romania (RO) Slovakia (SK)Slovenia (SI)Spain (ES)Sweden (SE) |
| --------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------- |
***
## Creating a Bank Verification Request
To create a Bank Verification request from your side, follow this flow:
***
## Review Submitted Verification
Open all **Bank Verifications**
Filter by **Country** and **Risk level**
You can filter by a **specific time** period or search across all data
Allows changing the identifier
***
## Understanding Bank Verification Data
This section explains the structure and meaning of the data retrieved during a Bank Verification. The data is presented in the **Bank Verification Window** and includes user bank data, associated accounts, transaction history, and risk scoring details.
***
### User Bank Data
This section summarizes the general information retrieved about the user (private or corporate) who completed the Bank Verification.
* **Full name**
The full name of the person who completed the verification, extracted from the bank account data.
* **Check date**
The date when the bank verification was performed.
* **Bank name**
The name of the bank selected by the user during verification.
* **Risk level**
A calculated risk score based on:
* Date of first transaction
* Number of inbound and outbound transactions
* Number of unique inbound and outbound recipients
***
### Accounts List
If a user has multiple accounts with the same bank login, all are listed in the results. Each account includes the following details:
* **IBAN**
The International Bank Account Number is used for sending and receiving payments globally.
* **Current booked balance**
The balance currently available in the account, **excluding** pending transactions.
* **Current available balance**
The total available funds **include** pending transactions that are authorized but not yet cleared.
***
### Transaction List
Displays the list of all transactions performed by the user in the **last 12 months**.
* **Transaction date**
The actual date the transaction was made (purchase, withdrawal, deposit, etc.).
* **Booking date**
The date the transaction was officially processed and recorded by the bank.
* **Details**
Additional information related to the transaction for traceability and reconciliation purposes.
* **Creditor**
The entity receiving the funds.
* **Receiver**
The individual or company to whom the payment was sent.
* **Amount**
The monetary value transferred during the transaction.
***
### Calculating Risk Level
After you verify a bank account, the system calculates a **risk level** based on your user's activity over the last 12 months. This approach ensures only recent, relevant data is considered.
### Risk Calculation Factors
* **Date of first transaction**
When the first transaction occurred within the 12-month window.
* **Number of inbound & outbound transactions**
Total transactions sent and received.
* **Number of unique inbound & outbound recipients**
Total number of different individuals or entities involved in transactions with the user.
> The risk score is derived by averaging the above values. Older, inactive accounts are excluded to reduce inconsistencies and provide more accurate results.