OFAC Kyc FAQs Part 1

Frequently asked questions about OFAC sanctions as they relate to kyc and compliance requirements for US persons and entities.

Key considerations

OFAC sanctions apply to all US persons regardless of the technology or asset class involved. Kyc is not exempt from sanctions obligations. The same strict liability standard applies.

Screening requirement

Every transaction involving kyc must be screened against the SDN list before processing. SanctionsAI provides free wallet checking (5 checks/day) and paid plans from $19/month for production use.

See our main FAQ at /faq for comprehensive answers to sanctions compliance questions.