OFAC and client's aka's

Posted By: loyo111

OFAC and client's aka's - 11/27/13 11:06 PM

Taking a poll to see how many bank's are screening client's aka's obtained via credit reports (like for mortgage loans)or via Lexis Nexis reports against OFAC. Not that the client provided the name, but that we see them in these various reports.
Posted By: rlcarey

Re: OFAC and client's aka's - 12/01/13 08:01 PM

None that I am aware of. All the aka's mean on a credit report mean is that someone reported the name with that SSN/TIN - whether or not that was the customer standing in front of you.
Posted By: loyo111

Re: OFAC and client's aka's - 12/02/13 01:37 PM

Thank you. Some folks wish to implement this and I felt it was over the top.