No Payment to a Sanctioned Party
Fintra loads the U.S. Treasury OFAC Specially Designated Nationals list and fuzzy-matches every payee before a disbursement - with a fail-safe cascade from live download to bundled snapshot to keyword fallback, so screening degrades loudly rather than silently.
Illustrative product view
Screening where the payment actually happens
Sanctions screening only helps if it sits in the payment path. Because Fintra runs the pay run, it screens each payee against the OFAC SDN list at the moment before disbursement - a fuzzy match, so near-misses and alternate spellings are caught, not just exact strings.
Why it belongs in the platform
Bolt-on sanctions tools screen a name list on a schedule and hope it lines up with what you actually pay. Screening inside the disbursement flow means the check is against the real payee, at the real moment, with the payment held automatically on a hit - compliance as a control, not a report.
Frequently asked questions
What list does Fintra screen against?
The U.S. Treasury’s Office of Foreign Assets Control Specially Designated Nationals (OFAC SDN) list, fuzzy-matched against every payee before a payment is disbursed.
What happens on a match?
The payment is held for confirmation or blocked, with the match surfaced for review. A payment to a sanctioned party never proceeds silently.
What if the sanctions list can’t be downloaded?
Screening fails safe through a cascade: live download, then a bundled snapshot, then a keyword fallback marked as degraded - so it never silently stops.
Why screen inside payments instead of using a separate tool?
Because the check runs against the real payee at the moment of disbursement and can hold the payment automatically, rather than comparing a stale list on a schedule.
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