ValidiFI

Validating borrower bank accounts with ValidiFI.

Nacha requires that lenders validate their borrowers' bank accounts. LoanPro is integrated with ValidiFI, one of NACHA’s preferred partners for account validation. ValidiFI will enable you to detect and prevent fraud, and maintain compliance with NACHA's due-diligence rules or any laws that your company is subject to.

ValidiFI's integration with LoanPro makes it easy to validate any payment profiles you've entered on Secure Payments. We offer a parallel service for bank cards, which you can learn more about in our bank card attribute lookup article.

Service levels

Through Secure Payments, you have access to three tiers of ValidiFI account validation: Basic, Standard, and Enhanced. All three tiers satisfy NACHA's standards, but the Standard and Enhanced options provide more information.

Basic: Basic searches cost $0.34 per validation. They authenticate the routing number structure and status, ensure that the account number conforms to the routing number, and identify the most basic errors associated with data entry.
Standard: Standard searches cost $0.66 per validation. They do everything the Basic search does, as well as screen and validate the payment profile against ValidiFI’s network of payment, banking, and merchant contributors.
Enhanced: Enhanced searches cost $0.99 per validation. They do everything that the Basic and Standard searches do, along with verify routing and account numbers against an expanded list of sources. This search will return account attributes associated with the score. It also identifies accounts associated with administrative returns.

Here's a breakdown of the different analytical tools applied with each tier of validation:

Analytics Tool	Basic	Standard	Enhanced
Routing Number Validation	X	X	X
Account Number Structure	X	X	X
ValidiFI Bank Risk Data	X	X	X
Third Party Data		X	X
Merchant Data		X	X
Banking Data		X	X
ValidiFI Insights Data			X

Configuration

To configure ValidiFI for your account, navigate to Secure Payments > Actions. This page lists the different actions available in Secure Payments and lets you toggle each of them on or off. ValidiFI's services are listed as 'Bank Account Attribute Lookup', found near the bottom. The dropdown menu lists the available service tiers.

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Validation and result codes

Once you’ve turned on bank account controls, the system will automatically validate any payment profiles you add or edit. Once you've created a payment profile, just navigate back to it in the Secure Payments UI by selecting Customers > select a specific customer > Payment Profiles and you'll see all the information ValidiFI found on the account.

A result code with a message is returned as the validation response. You can configure your settings so that Secure Payments will not attempt to process payments from profiles with the result codes you specify. In the navigation pane at the left, select Bank Account Control. This window lists the different codes and allows you to toggle them on or off, determining whether the system will attempt to process payments with those codes.

This table explains what each code indicates:

Result Code	Result	Message
AVC0	Unexpected Service Disruption	An unexpected service disruption with one or more data sources occurred.
AVC1	Invalid Routing Number Structure	The Routing Number structure does not conform to the ABA standard.
AVC2	Suspected Bad Routing Number	The Routing Number structure conforms to the ABA standard but has a history of returns for an invalid routing number
AVC3	Routing Number Not Found	The Routing Number is not found within the ABA list of Routing Numbers.
AVC4	Routing Number is Not ACH Capable	The Routing Number is not Active, not ACH capable, or is of the wrong type according to the ABA list of Routing Numbers.
AVC5	Suspected Bad Account Pattern	The Routing Number is valid, active, and is ACH capable. The Bank Account Number is suspected to be invalid, or has a length or pattern with a history of returns for invalid account.
AVC6	Valid Account with History of Recent Returns, Unpaid, or Stop Payments	The Routing Number is valid, active, and is ACH capable. The Bank Account Number is valid and there is recent history of returns/unpaid or stop payments seen in ValidiFI's database.
AVC7	Valid Routing Number with Limited Account Pattern and No History of Recent Transactions	The Routing Number is valid, active, and is ACH capable. There is limited history of the Bank Account pattern and no history of recent transaction seen in ValidiFI's database for the provided Bank Account Number.The Routing Number is valid, active, and is ACH capable. There is limited history of the Bank Account pattern and no history of recent transaction seen in ValidiFI's database for the provided Bank Account Number.
AVC8	Valid Routing Number with No History of Account Pattern	The Routing Number is valid, active, and is ACH capable. There is no history of the Bank Account pattern seen in ValidiFI's database for the provided Bank Account Number.
AVC9	Valid Routing Number and Account Pattern	The Routing Number is valid, active, and is ACH capable. The Bank Account pattern is valid.
AVC10	Valid Routing and Bank Account with Recent Transaction History	The Routing Number is valid, active, and is ACH capable. The Bank Account Number is valid and there is recent history of Bank Transaction seen in ValidiFI's database.
AVC11	Valid Routing and Bank Account with Verified Good Transaction History	The Routing Number is valid, active, and is ACH capable. The Bank Account Number is valid, has history of good transactions, and there is no recent history of returns seen in ValidiFI's database.
NV	99	Not Validated

Example return codes

Here are some examples of what each response code would look like at each level.

AVC0 – Unexpected Service Disruption

Basic

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Standard

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Enhanced

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AVC1 – Invalid Routing Number Structure

Basic

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Standard

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Enhanced

d1a240f064d214fc183de1be84d8d37bc4b926aab9de2108c97ae2b79ecfea7e.png

AVC2 – Suspected Bad Routing Number

Basic

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Standard

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Enhanced

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AVC3 – Routing Number Not Found

Basic

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Standard

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Enhanced

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AVC4 – Routing Number is Not ACH Capable

Basic

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Standard

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Enhanced

29eeb3c1a91462207ab6716531bbc0d9dcc989efc9d9d30c592b09362d1e7de9.png

AVC5 – Suspected Bad Account Pattern

Basic

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Standard

31134970e873bb6fb97715010c689b428d3ac1d50e0a540f5f37c76d33ef1957.png

Enhanced

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AVC6 – Valid Account with History of Recent Returns, Unpaid, or Stop Payments

Standard

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Enhanced

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AVC7 – Valid Routing Number with Limited Account Pattern and No History of Recent Transactions

Standard

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Enhanced

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AVC8 – Valid Routing Number with No History of Account Pattern

Basic

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Standard

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Enhanced

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AVC9 – Valid Routing Number and Account Pattern

Basic

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Standard

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Enhanced

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AVC10 – Valid Routing and Bank Account with Recent Transaction History

Standard

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Enhanced

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AVC11 – Valid Routing and Bank Account with Verified Good Transaction History

Standard

1b37b67c81809e07dd37b6c8b15dc8148e1c97ad7080bad40216abcf5b0044f0.png

Enhanced

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NV (Not Validated)

Basic

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Standard

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The Basic validation will only return AVC0-5, and AVC8-9. The Standard and Enhanced validations will return any AVC, and the difference between the two is the level of detail provided in the response, with the Enhanced responses containing much more data. Enhanced responses also give ‘insights’. Here’s a breakdown of what each insight means:

Insight code	Meaning
Insight001	The total number of ACH payments that have been successfully processed through the BAV - Risk Plus Network.
Insight007	The total number of transactions associated with the bank account number that has been approved. This number will refresh once a payment is returned as unsuccessful.
Insight019	A score based on the history that the BAV - Risk Plus Network has associated with the various identifiers.
Insight021	The percentage of time that the provided account number pattern and routing number combination has not had a return for all payments.
Insight035	The number of active unpaid debt seen in BAV - Plus Network on any ID presented
Insight038	The number of declines for reasons other than stop payment in the last 7 days in the BAV - Risk Plus Network.
Insight040	The number of days since last returned/unpaid ACH in the BAV - Risk Plus Network.
Insight042	This number represents the percentage of time that the provided account number length and routing number combination has not had a return for ECA.
Insight043	The number of days since the Bank Account has been seen in the BAV - Risk Plus Network.
Insight044	The total number of payments that have been returned unpaid through BAV Risk Plus Network associated with the provided Bank Account.
Insight045	The total number of transactions associated with the provided Bank Account that have been approved within the past 30 days. The number will refresh every time the consumers debt in the network has been fulfilled.
Insight046	The total number of transactions associated with the provided Bank Account that have been approved.
Insight047	The total number of check transactions associated with the provided Bank Account that have been approved within past 30 days.
Insight048	Check number range the check writer is currently writing checks in. If not seen, the default value will be -1.