Banks & Credit Unions
OFAC Screening for Banks & Credit Unions
Automated OFAC screening for BSA/AML compliance at community banks, regional banks, and credit unions.
Banks and credit unions must screen customers, beneficiaries, and counterparties against OFAC sanctions lists at account opening, during transactions, and on an ongoing basis. Manual processes don't scale. OFACScreen automates your OFAC compliance with fuzzy matching, batch screening, and continuous monitoring.
Use Cases
How Banks & Credit Unions Use OFACScreen
Account Opening
Screen every new customer during onboarding to ensure they are not on the SDN or Non-SDN lists before opening accounts.
Wire Transfers
Screen originators, beneficiaries, and intermediary banks for every wire transfer to catch sanctioned parties in real time.
Ongoing Monitoring
Continuously re-screen your entire customer base whenever OFAC updates the SDN list, with automatic alerts for new matches.
Audit & Examination
Export complete screening logs with timestamps and match results for your BSA officer and bank examiners.
Fuzzy Matching
Catches name variations, transliterations, and alternate spellings that exact-match tools miss.
Batch Screening
Upload your customer or counterparty list as CSV and screen thousands of names at once.
Audit Trail
Every search logged with timestamps and results. Export CSV reports for examinations.
Ongoing Monitoring
Add customers for continuous screening with automatic alerts when lists change.
Hourly Updates
8 sanctions lists refreshed every hour so you always screen against the latest data.
REST API
Integrate screening directly into your existing systems and workflows.
Sales
Have questions? Talk to a real person.
David can walk you through a demo, answer pricing questions, or help you figure out which plan fits your compliance needs.
Industries
OFAC Screening for Every Industry
Try OFACScreen Free
Start your 14-day free trial. No credit card required. Screen against 8 sanctions lists in seconds.