With the purposes of enhancing measures on additional protection of client’s payments and minimization of current operating activity, JSCB “ASIA ALLIANCE BANK” has implemented Sanctions Screening service of international system S.W.I.F.T.
This service helps to perform additional control in accordance with requirements of national and International authorities combating money laundering and terrorism financing received by illegal means.
Also, Sanctions Screening allows perform automated inspection based on lists of international sanctions including OFAC, United Nations. Such inspection allows financial organization to comply with laws on sanction regulation by means of blocking and marking of forbidden transactions. This prevents from risks of heavy fines and injury to reputation.
- Author: не указано
- Source: Press Centre JSCB «ASIA ALLIANCE BANK»
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