When should transaction checks be triggered?

Typically before payment execution, shipment release, or high-risk contract events.

Can this support trade and payment workflows?

Yes. It is suitable for both trade operations and payment counterparty checks.

How is this different from onboarding checks?

Transaction checks are event-specific and can add context not present at onboarding.

Can results be attached to case files?

Yes. Output can be retained for case management and internal approval logs.

USE CASE WORKFLOWS · GUIDEUPDATED 2026-03-04

Use Case Workflows

Transaction Counterparty Checks

Screen counterparties before high-risk transactions, payments, and trade movements.

Use this workflow when evaluating counterparties tied to specific transactions. It supports pre-transaction risk controls for sanctions and related exposure.

Run screening View pricing

§01What this workflow covers

SCOPE

Run pre-transaction sanctions and media-risk checks.
Review ownership links for indirect exposure.
Document transaction-level screening rationale.

§02Key statistics

DATA

Sanctions jurisdictions covered: OFAC, EU, UN, UK & more; ScreenVeritAI coverage model
Key workflow dimensions: 5 (Sanctions, Criminal Watchlists, PEP, Adverse Media, UBO); ScreenVeritAI workflow model

§03Compliance glossary

TERMS

Sanctions screening: A control process that checks a person or entity against sanctions and watchlist datasets.
PEP: Politically Exposed Person: an individual in a prominent public function requiring enhanced due diligence.
UBO: Ultimate Beneficial Owner: the natural person who ultimately owns or controls a legal entity.

§04Authoritative references

SOURCES

01
OFAC Sanctions Lists
U.S. Department of the Treasury
02
EU Financial Sanctions Database
European Commission
03
UN Security Council Consolidated List
United Nations Security Council
04
FATF Guidance on Beneficial Ownership and Transparency
Financial Action Task Force

§05Expert perspective

NOTE

“Risk controls perform best when sanctions checks and ownership context are reviewed together.”
ScreenVeritAI Compliance Team · RegTech Research

§06Frequently asked questions

Q&A

When should transaction checks be triggered?: Typically before payment execution, shipment release, or high-risk contract events.
Can this support trade and payment workflows?: Yes. It is suitable for both trade operations and payment counterparty checks.
How is this different from onboarding checks?: Transaction checks are event-specific and can add context not present at onboarding.
Can results be attached to case files?: Yes. Output can be retained for case management and internal approval logs.

Use Case Workflows Customer screening Sanctions screening