What is OFAC screening?

OFAC screening is the process of checking a counterparty (person, entity, or crypto wallet) against the US Treasury's SDN list before transacting. US persons are prohibited from transacting with SDNs.

Detailed answer

OFAC screening is the process of checking a counterparty (person, entity, or crypto wallet) against the US Treasury's SDN list before transacting. US persons are prohibited from transacting with SDNs. In the context of SanctionsAI (Free OFAC sanctions screening API), this is one of the most common questions from OFAC screening API users.

Related questions

• What is OFAC screening API?
• How does SanctionsAI differ from alternatives?
• What should I look for in a OFAC screening API?

Why this matters

This question matters because it gets to the core of how SanctionsAI works. Understanding the answer helps you make better decisions about your OFAC screening API workflow.