Tip #1 – Automated Sanctions check
Nowadays while the sanctions lists is constantly growing and changing, do not forget to check and, especially important, to monitor all your counterparties on sanctions.
Recently a business account of one of our clients was suspended due to a transfer to a sanctioned person! What? The client did not work with any sanctioned persons, but as it turned out, the full namesake of one of the clients was included in the list. He sorted it out - proved the absence of sanctioned persons in the counterparties - the account worked again. However, forewarned is forearmed. Receive automatic notifications about all the counterparties, which were at least once checked by you.
Simple and elegant solution from Platforma365 will relieve you of this headache
- Coverage: OFAC SDN, Interpol, Europe, UK, Asia and many other regions and organizations
- Real-time monitoring
- Automatic notifications
- Unlimited number of notification recipients per subscription
