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#2282527 - 03/23/23 01:33 PM Mass OFAC Searches
Megaman Offline
100 Club
Joined: Jul 2017
Posts: 134
Good Morning,

Does anyone know how to conduct a mass OFAC search on potential customers? We have a joint venture that is purchasing A/R from a non financial institution and we want to run OFAC on these individuals. Our Core provider (Jack Henry) told us that they do not have an option to conduct a mass OFAC search. I am talking about over a 1000 new A/R individuals at a time. Does anyone have any ideas on how to conduct a mass OFAC search?

Thanks

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#2282528 - 03/23/23 01:38 PM Re: Mass OFAC Searches Megaman
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,396
Galveston, TX
You will have to build your own or buy a standalone search program.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2282538 - 03/23/23 03:01 PM Re: Mass OFAC Searches Megaman
Megaman Offline
100 Club
Joined: Jul 2017
Posts: 134
Thank you for the information.

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#2282685 - 03/25/23 01:33 PM Re: Mass OFAC Searches Megaman
ACBbank Offline
Power Poster
ACBbank
Joined: Jul 2006
Posts: 4,350
New York City
Most OFAC search filters have the ability to perform a batch upload. You need to find one that works for you.
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"100 victories in 100 battles isnt the most skillful. Subduing the other's military w/o battle is the most skillful." Sun-Tzu

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