Name Screening
Screen complex transactions
(e.g. trade messages, letters
of credit)
Sanctions and PEP lists are automatically and procedures. If no matches are Sanctions Screening, SWIFT’s
updated whenever they change, so you found, users will have a full audit trail transaction screening service,
never need to worry about outdated demonstrating that the name was combines a best-in-class filter with a
information. You can also upload your screened. comprehensive database of automatically
private lists for seamless real-time updated sanctions lists to deliver a highly
screening. Cost-effective due diligence effective “plug and play” solution. Used
SWIFT’s Name Screening service enables by more than 600 institutions worldwide,
Aside from a USB security token, you to demonstrate compliance and it provides firms with an easy-to-use,
Name Screening requires no hardware transparency to your counterparties, cost-effective answer to sanctions
or software installation or systems business partners and regulators. You compliance.
integration. deal with a single, trusted partner –
SWIFT – instead of multiple filter and list If you run your own sanctions filters,
Clear processes and audit trail vendors. Sanctions Testing can provide insight
Name Screening allows access to be into their configuration and independent
assigned based on user function and As a member-owned cooperative, verification of their performance. The full
responsibility. For example, access for SWIFT’s focus is on helping our solution includes a secure, SWIFT-hosted
some users may be limited to screening customers increase compliance application; test scenarios using the
only, while others may have full access to effectiveness and efficiency and reduce latest sanctions lists; list navigation, alerts
alerts and audit trails and be responsible related cost and risk – not on maximising and reporting; and expert advice from
for the appropriate follow-up. profits. Our shared services model SWIFT consultants.
enables us to deliver utility solutions
Once user permissions are configured, such as Name Screening with an annual
authorised users can log into a secure subscription fee and no hidden charges
webpage and enter single names into for lists or system upgrades.
the search field. They will immediately be
informed if the name matches an entity Customer-driven compliance
on one or more lists, and which list(s) the solutions
name matches. SWIFT offers Name Screening as part
of a larger Sanctions Utility that also
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It is up to the user to decide which provides transaction screening, sanctions For more information, please contact
© SWIFT 2017
actions are appropriate in line with and list testing and assurance, and list your SWIFT account manager or visit
their organisation’s compliance policies distribution and management. www.swift.com/namescreening