We would like to inform you that on 22.08.2019 (Completion Date), bank.codes will be acquired by TransferWise Ltd, a company registered in England and Wales with company number 07209813 at 6th Floor, Tea Building, 56 Shoreditch High Street, London E1 6JJ (“TransferWise”). As a result of this acquisition, TransferWise will temporarily suspend the API service on bank.codes until further notice and due to the nature of this acquisition, your current agreement for the use of the API service on bank.codes will be terminated as of the Completion Date.
For those users who hold active Premium API credits after the Completion Date, TransferWise will allow you to use such outstanding Premium API credits on substantially the same terms up and until 21.08.2020 (“Longstop Date”). Please be aware that any outstanding Premium API credits that are not used by the Longstop Date will expire and you will no longer be entitled to use the API service on bank.codes until you agree to TransferWise Terms (as defined below) and purchase more API credits.
Following the Completion Date, if you wish to use the API services available on bank.codes, you will be required to confirm acceptance to TransferWise’s terms and continues and TransferWise’s API policy (“TransferWise Terms”). Such terms are not dissimilar to the terms on which you currently use the API service.
We apologise for the inconvenience. If you have any issues or concerns, please contact us.
For those users who hold active Premium API credits after the Completion Date, you may access the User Area through this page.
Frequently Ask Questions
1. What do I need to do on Completion Date (22.08.19)?
There is nothing you need to do. If you still have active Premium API Credits, you still be able to utilize it until Longstop Date (21.08.2020).
2. How do I log in to my account?
In the current transition period, API User Area has been moved to https://bankcodesapi.com/users/
3. How do I purchase more Premium API Credits?
For the time being, Premium API Credits purchase has been temporarily suspended.
4. I am a FREE user, is the FREE daily 20 credits still valid after the Completion Date?
Yes, FREE users will be able to utilize the FREE daily 20 credits as before.
5. What will happen on Longstop Date (21.08.2020)?
On the Longstop Date, the legacy API Services will stop working and any remaining Premium API Credits will be expiring.
6. When do I need to sign new Terms and Conditions?
New Terms and Conditions will be available once the new API Services will be up and running.
7. When the new API Services will we up and running?
We are actively working to bring the new API Services as soon as possible. Unfortunately, at this moment, we are unable to give an exact date.
8. Will I be able to carry my remaining Premium API Credits to new API services when it is live?
Yes, you would be able to do so.