![]() ![]() OFAC, Office of Foreign Assets Control, is a government watch list of criminals and terrorists collected from databases around the world. In response to the Patriot Act, it is required by law that all businesses screen applicants against OFAC. This product should always be requested regardless if you are granting credit or screening applicants. Note:Īny real-time checks or changes to the OFAC Status will show up in the FC2M report during EOD, if checked from Insite.When should I use a OFAC Patriot Act search? Indicates that the record was sent as part of the batch check. There was no match on the lists that have been checked. ![]() There is a “hit” on one of the lists that has been checked. If you stop on the “b”, the entry on the FC20 file goes back to a blank. These status options will also change when the "OFAC Export" is run during EOD Update processing ( Real Time vs. The OFAC | Status field is updated within the Customer Maintenance / Inquiry Statistics view when you run this OFAC check on a customer. It will not clear the search results in the bottom panel. The Clear button will remove the content from the search criteria fields. ![]() Other fields listed are optional, but may return more accurate results if included. First Name and Last Name or Business Name are the minimum requirements to run a search. Type in a non-customer’s name, or a customer for that matter, and get back a result.You have to go into the Bridger Insight application in order to view the Watch List report on the matched record. When a match is returned, the Bridger ID and the name of the Watch List(s) will be displayed. When a search is performed, the results will be either a match or a no match. Queries can be either personal or business profiles. Perform real-time queries against over 30 watch lists maintained by LexisNexis as part of their BridgerInsightXG service, including the lists required by The Office of Foreign Assets Control (OFAC). ![]()
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