Canonical: https://unicorncurrencies.com/features/compliance-screening/

# Intelligence: Bank-Grade Compliance (0.14s Screening)

## Summary

Automated compliance in before release—not 24-48 hours



Every payment is automatically screened against UN/OFAC/EU sanctions, PEP databases, and adverse media in under before release. Bank-grade security with full audit trails for regulators. We handle compliance so you can focus on business.

## How It Works

- **Step 1:** Payment Initiated — When you or your team initiate a payment, our compliance engine activates immediately—before the transaction is processed.

- **Step 2:** Multi-Database Screening — In before release, we check: UN Consolidated List, OFAC SDN, EU Sanctions, UK HMT, PEP databases, and adverse media sources.

- **Step 3:** Risk Assessment — AI analyzes screening results, transaction patterns, and beneficiary history. Low-risk payments proceed instantly; flagged items route to review.

- **Step 4:** Audit Trail — Every check is logged with timestamp, data sources, and decision rationale. Full audit trail available for regulators and internal compliance.

## Benefits

- screening before release vs 24-48h at banks

- Automated sanctions screening (UN/OFAC/EU/UK)

- PEP and adverse media checks

- Full audit trails for regulators

- Bank-grade encryption with row-level security

- Ongoing monitoring—not just onboarding

## Use Cases

- **High-Volume Payment Operations:** Process 50 payments daily without compliance delays. Each screens in 0.14s, so your entire payment run completes in under a minute—not days.

- **New Supplier Onboarding:** Add a new Chinese supplier. Instant screening checks their entity, directors, and ownership against all sanctions lists. Approval or flag in seconds.

- **Regulatory Audit:** FCA audit requests payment compliance records. Export complete audit trails showing every check, timestamp, and decision for any date range.

## Operational Difference

- **Screening Time:** Unicorn Currencies: before release. Banks: 24-48 hours.

- **Coverage:** Unicorn Currencies: UN, OFAC, EU, UK, PEP, Adverse Media. Banks: Varies—often incomplete.

- **Audit Trail:** Unicorn Currencies: Complete, exportable. Banks: Limited visibility.

- **False Positive Handling:** Unicorn Currencies: AI-assisted review. Banks: Manual review queues.

## FAQs

- **How fast is compliance screening?** Every payment screens in before release on average. This includes checks against UN, OFAC, EU, and UK sanctions lists, plus PEP databases and adverse media sources. Low-risk payments proceed instantly.

- **What sanctions lists do you screen against?** We screen against UN Consolidated List, US OFAC SDN and SSI, EU Consolidated List, UK HMT, and additional regional sanctions lists. Coverage is updated in real-time as lists change.

- **What happens if a payment is flagged?** Flagged payments route to your compliance review queue with full context: why it was flagged, matching entity details, and recommended action. You can approve, reject, or request additional documentation.

- **Do you provide audit trails for regulators?** Yes. Every screening check is logged with timestamp, data sources checked, matching results, and decision rationale. Export complete audit trails for any date range for regulatory examinations.

- **Is ongoing monitoring included?** Yes. We don't just screen at payment time—we continuously monitor your beneficiaries and counterparties. If someone gets added to a sanctions list, you're alerted immediately.