Address parsing in Address Verification functions independent of the reference address databases. You can use the PARSE mode to parse addresses even if you do not have the corresponding reference address databases. Address Verification does not use the reference address databases to process an address in the parse mode. So, the address element assignment in the parse mode might vary with the address element assignment in a validated output.
In the parse mode, Address Verification separates address input into tokens that can be used to process the address further. You can use the parse mode if the input is not correctly formatted or you need to segregate address items in an input address. Note that the parse mode does not work if Address Verification does not recognize the country to which the input address belongs.