What is BANL?
The Beneficiary Account Name Lookup (BANL) facility, introduced by NPCI under RBI guidelines, enables banks to verify the beneficiary account holder’s name before processing RTGS or NEFT transactions.
“Based on the account number and IFSC entered by the remitter, BANL fetches the beneficiary's account name directly from the beneficiary bank's Core Banking Solution (CBS).”
Why Does Your Bank Need BANL?
BANL enables your bank to:
Verify beneficiary names before RTGS/NEFT transactions
Reduce risk of incorrect or fraudulent beneficiary transfers
Build customer confidence and improve transaction accuracy
Comply with NPCI-mandated account verification workflow
Provide secure beneficiary verification across all banking channels.
Offer this facility free of charge to end customers, as per RBI guidelines
Support beneficiary verification during registration, transfers, and re-verification
Reduce incorrect transfers, transaction failures, and customer complaints
BANL Switch Services by Trust Fintech Limited
Trust Fintech Limited provides BANL services through a fully managed ASP (Application Service Provider) model.
Banks can continue using their existing CBS while leveraging TFL’s NPCI-ready BANL switching ecosystem.
What Trust Fintech Limited Provides
- Fully managed BANL Switch ASP platform
- Secure BANL APIs for development to be done by the bank’s CBS vendor
- NPCI platform integration and NPCINet connectivity
- API documentation and integration support
- Test environment and UAT support
- NPCI onboarding and certification assistance
- Production connectivity and go-live support
- Post go-live technical support
Role of Bank
- Integrate TFL BANL APIs with CBS and mobile banking applications.
- Perform application-side integration testing
- Execute testing on the TFL provided environment
- Deploy integration components within bank infrastructure
- Resolve application-side issues during integration and UAT
Simple Integration Journey
TrustBankCBS is trusted by a wide range of BFSI institutions:
API Handover
Testing & Certification
Integration by CBS Vendor
Production Go-Live
BANL Platform Capabilities
Real-Time Beneficiary Verification
Fetch beneficiary account names instantly before transaction initiation.
Multi-Channel Support
Support Internet banking, mobile banking, and branch banking channels.
Secure API Architecture
NPCI-compliant API routing with centralized logging and monitoring.
Shared High-Availability Infrastructure
Operate on banking-grade DC/DR infrastructure managed by TFL.
Audit Trails & Logging
Maintain transaction logs and lookup traceability for compliance and dispute resolution.
Faster BANL Enablement
Go live faster without building independent BANL switching infrastructure.
Why Choose Trust Fintech Limited?
NPCI-Ready BANL Ecosystem
TFL is empanelled as a Technology Service Provider (TSP) for BANL enablement.
No Separate Switching Infrastructure Required
Leverage TFL’s shared ASP infrastructure instead of building an independent BANL ecosystem.
Continue with Existing CBS
No need to replace your existing CBS or Mobile Banking applications.
Lower Operational Burden
TFL manages switching infrastructure, connectivity, and platform operations.
Faster Compliance Readiness
Accelerate BANL implementation with onboarding, testing, certification, and go-live support.
Shared NPCINet Connectivity
Avoid the complexity and cost of managing separate NPCI connectivity infrastructure.
Ready to Enable BANL at Your Bank?
Trust Fintech Limited is empanelled on NPCI as a Technology Service Provider (TSP) for BANL.
01
Send Us Your Inquiry
Complete the contact form with your requirements.
02
Discuss Your Requirements
Our team will connect with you to understand your needs in detail.
03
Get a Custom Proposal
Receive a customized solution proposal for your requirements.
