Sanctions Screening Service Provider

A screening provider supplies the technology to check counterparties against sanctions lists, as an API, software, or service.

TL;DR

TL;DR: A sanctions screening service provider is a company that supplies sanctions screening technology and services, such as an API, software, managed service, or consulting.

What a provider delivers

Providers package the hard part: keeping sanctions data current and matching counterparties against it. A good provider syncs the SDN List, the Specially Designated Nationals and Blocked Persons List, frequently. SanctionsAI syncs 19,218 SDN names, 947 OFAC-listed crypto wallets, and 16 jurisdictions hourly, so its users never screen against a stale list.

Why it matters for agent payments

Building and maintaining a sanctions list in house is expensive and error prone. A provider turns that into a single HTTP call under 100 ms that returns ALLOW or BLOCK, so an agent can screen a counterparty before it pays. Because OFAC liability is strict, the check has to run every time, which makes a provider more practical than a manual process.

What to look for

Prefer a provider that is self hostable and open licensed, so you are not locked in. SanctionsAI is MIT licensed and self hostable, with a free tier of 5 checks per day, no signup, and no key, so you can evaluate the API before committing to a paid plan. A provider that updates hourly and is self hostable gives you both current data and control over where the screening runs. That combination is hard to match with a manual, in house list.