Check your BIN block settings

Article contributor / Dan Ferrel / Sr. Client Learning Consultant

Each quarter, SHAZAM^® provides a list of your primary account number blocks and PAN exclusions for review. This is important because PAN blocks and exclusions carry a monthly residency fee — and if you have many, the cost can add up.

Just as important, we recommend you periodically check your bank identification number block settings. BIN blocks also carry a monthly residency fee, so you’ll want to ensure you’re getting your money’s worth with effective blocks.

Things to consider:

• If you have a proactive BIN block, such as blocking all non-U.S. activity, you don’t need to do anything unless you want to remove the block.
• If you have BIN blocks placed to address a specific fraud trend, consider checking the Cardholder Exception Journal (SSR100) report for BIN block declines.
• The completion code BF indicates a transaction was declined due to a BIN block setting. If you’re still seeing declines on fraudulent activity, you’ll want to leave the block in place. If the declines are on valid activity, the fraud may have moved on, so you may want to remove or modify the block.

For more information

If you have any questions on managing your BIN or PAN blocks, call SHAZAM fraud operations at 800-537-5427, option 4.