Bank transfer verification
VerifyTransfers helps businesses confirm that Bank of Maldives transfers have been deposited into their own account before releasing goods or services, look up transactions when customers send payment proof, and keep track of incoming payments.
Independent tool. Not endorsed by or affiliated with Bank of Maldives Plc.
Payment risk
A payment screenshot shows that someone says they paid. It does not show that the money reached your account.
Payment proof
A payment slip image can be altered, or the same genuine slip sent again for a different order.
Check the account, not the image
VerifyTransfers is designed to confirm whether a matching transfer was actually deposited into your account.
Manual checks
Staff log in to online banking and scroll through activity to find each payment while customers wait.
Look up a transaction in one step
Search for a transfer by its details and see straight away whether a matching deposit was found.
Visibility
When several people handle orders, nobody is sure which payments have arrived and which are still pending.
Monitor incoming transfers
A running view of incoming transfers, as they become visible to your account, helps teams match payments to orders.
Capabilities
Four ways VerifyTransfers helps you handle incoming Bank of Maldives transfers with more confidence.
Confirm that a customer’s transfer has been deposited into your account before you hand over goods or services.
When a customer sends payment proof, look up the transaction and check whether a matching deposit exists.
Follow incoming transfers as they become visible to your account, so your team knows what has arrived.
Match deposits to order, invoice or booking references to cut down on manual reconciliation.
Connect verification results to your checkout, booking or order system so confirmed payments can move straight to the next step. The integration method is agreed during scoping.
How it works
The outcome VerifyTransfers is designed for, step by step. Setup details are explained during the demo.
Your customer transfers the amount from their Bank of Maldives account to yours.
The deposit becomes visible on your account.
VerifyTransfers checks for a matching deposit and links it to the order or reference.
Your team sees the confirmation and releases the goods or service with confidence.
Use cases
Wherever orders, bookings or invoices are paid by transfer, VerifyTransfers helps teams act on confirmed payments.
Release orders once paid
Confirm deposits before bookings
Reconcile incoming payments
Integrations
Integration with your own systems is one of the main ways VerifyTransfers is used. The method for your project is agreed during scoping.
Verification results sent to your other systems, using a method agreed during scoping.
Connecting to your e-commerce platform or checkout is scoped per project.
Link with FaseyhaPOS, Viyafaa or your own order system, scoped per project.
Confirmed transfers exported for reconciliation in your accounting system.
VerifyTransfers is not an official Bank of Maldives product or interface. Integration methods are confirmed during scoping.
VerifyTransfers
VerifyTransfers is an independent tool developed by Arya Systems. It is not endorsed by, affiliated with, or operated by Bank of Maldives Plc. References to Bank of Maldives describe the transfers the tool helps you verify and do not imply any partnership.
FAQ
No. VerifyTransfers is an independent tool from Arya Systems. It is not endorsed by, affiliated with, or operated by Bank of Maldives Plc.
VerifyTransfers checks transfers against the deposits made into your own account. How it is set up for your account, and how verification runs day to day, is explained during the demo and confirmed during onboarding.
Verification depends on when a transfer becomes visible to your account. VerifyTransfers is designed to check as soon as that information is available, but we do not promise a fixed time. We can talk through expected timings for your use case during the demo.
Integration with your systems is one of the use cases VerifyTransfers is designed for. The integration method is agreed during scoping, based on the systems you use.
Data handling, including what is stored and for how long, is explained during onboarding and set out in your agreement. Ask us for the details during the demo.
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Request a demo
Tell us how customers pay you today and where payments need to be confirmed. We will show how VerifyTransfers fits and what integration would involve.
Talk to us directly
Share a few details about your organisation and we will arrange a demo around the way you work.
Not sure VerifyTransfers is the right fit? Compare all solutions.
