About controls by name
Bank details of legal persons such as companies and organizations can be checked against on Sis ID using the legal person’s name instead of an identifier.
This feature is an alternative when the company identifier is unknown to the services or tools (as is often the case with TMS - Treasury Management Systems). In such cases, Sis ID conducts a search to retrieve the company's identifier before proceeding with the check, as this information is essential for performing the verification. The companies verified through this feature must belong to an eligible geography and correspond to a supported company type
Note: This feature is in limited mode:
- It is limited to unitary check in the My Sis ID context.
- Import of control by names is not yet available.
Control of legal person by identifier remains more accurate.
Control input and trigger
Company’s name and country are mandatory. Zip code is optional and is considered if provided.
Companies that have previously been verified are more likely to be recognized in a name-based check. However, it's important to note that prior verification does not guarantee identification in a subsequent check. To achieve accurate results, it is essential to use the company's legal name rather than its trade name.
Identification can succeed when the entered data closely resembles a known legal name.
For instance, considering a company with the following legal name: T.F.M.O STE TRANSPORTS FRIGORIFIQUES DES MONTS D’OR:
- TFMO or T.F.M.O. does not allow to identify the company
- TRANSPORTS FRIGORIFIQUES DES MONTS D'OR allows to identify the company
It is also crucial to indicate the country where the company is registered; while optional, providing the postal code can significantly enhance the relevance of the results, especially when the legal name is common.
Controls results
Control results classifications and reasons for such checks are identical to controls results for by identifier.