Customer Screening

Customer screening is the process of checking customer information against various databases and watchlists, such as sanctions lists, politically exposed persons (PEPs), and high-risk individuals. This step is essential in Know Your Customer (KYC) and anti-money laundering (AML) processes to identify potential compliance risks before establishing or continuing a business relationship.

Effective customer screening helps organizations prevent involvement with prohibited parties, mitigate legal risks, and maintain regulatory compliance.