BICPlusIBAN Validation Method Definitions

The SWIFT OTD Library provides the following validation methods for BICPlusIBAN:

• Deriving the BIC from the IBAN: This validation method is used to derive the BIC from the IBAN. This can be useful in situations where the IBAN is present but the BIC is missing in a SEPA payment instruction. The method takes no arguments, and will return an array list of BIC code and BRANCH code. The signature is:

  ArrayList deriveBICfromIBAN()

• Validating the Bank ID: This validation method is used to validate that the Bank ID contained in an IBAN is a valid Bank ID. This can be useful in situations where the ordering customer has constructed the IBAN. However, the validation does not guarantee that the IBAN itself is valid. The method takes no arguments, and will return a boolean result. The signature is:

  boolean validateBankID()

• Validating the BIC: This validation method is used to validate that the BIC is a valid BIC. This can for example be useful in situations when the ordering customer attempted to derive the BIC itself from financial institution's name and address. The method takes no arguments, and will return a boolean result. The signature is:

  boolean validateBIC()

• Validating the BIC/IBAN combination: This validation method is used to validate that the BIC and the IBAN belong to one and the same institution. The method takes no arguments, and will return a boolean result. The signature is:

  boolean validateBICIBANCombo()