Sanctions
Endpoint: https://api.validate.bankersalmanac.com/validation
Swagger link: https://api.validate.bankersalmanac.com/swagger-ui/index.html#/conversion-service-endpoint/validation
By introducing sanctioned bank warnings into front-end and back-end payments channels and enabling real-time decision-making before initiating payments, you will:
- Prevent avoidable processing delays, repairs, and costly failed payments later in the payments journey.
- Speed up the end-to-end payments process.
- Achieve higher straight-through processing rates.
We provide real-time coverage of the 4 main global sanctions lists:
- HM Treasury Sanctions List
- OFAC Sanctions List
- EU Consolidated List of Sanctions
- UN Sanctions List
To validate a bank code and understand the bank level Sanctions profile please use the call:
We, in return, will provide you with the Pass, Caution or Fail responses.
Configuration
Within the Validate Self Service hub,
https://management.bankersalmanac.com/vss-web
Customers are required to configure their Sanctions preferences as per the below:
https://beta.validate.bankersalmanac.com/configuration/sanction-screening
Once configured, Validate API will generate the relevant warnings selected by the user.
These can be configured to the customers preference, using the link bellow:
https://beta.validate.bankersalmanac.com/configuration/manage-errors