Supplier Bank Verification at the time of Supplier Registration Process

Summary:

The client's requirement is that during the initial process of supplier registration, bank details submitted by supplier has to be verified by a penny drop system. In which one rupee will be sent to supplier's bank and bank will validate and send back confirmation of the Supplier Bank Details. Is there a standard way to do this in Oracle system. Please let us know if it's feasible. Also please let us know a turn around to achieve this requirement.

Content (please ensure you mask any confidential information):

The client's requirement is that during the initial process of supplier registration, bank details submitted by supplier has to be verified by a penny drop system. In which one rupee will be sent to supplier's bank and bank will validate and send back confirmation of the Supplier Bank Details. Is there a standard way to do this in Oracle system. Please let us know if it's feasible. Also please let us know a turn around to achieve this requirement.