2.1.3 Sanctions Screening Based on SEC Code and Transaction Type

Sanctions checks for payments are performed by interfacing OBPM with an external sanctions screening system. Support is provided to configure sanctions screening based on the transaction direction and SEC code combination, enabling more granular control over the screening scope.

A new screen, US ACH Sanctions Screening Preferences Detailed (Function ID: PNDSCPRF), is provided to configure the list of SEC codes that require sanctions screening based on transaction type (Origination/Receipt). During sanctions screening for US ACH transactions, an additional validation is performed to check whether this maintenance is available.

If the maintenance is available, sanctions screening is performed only for transactions with SEC codes maintained in this screen.

If the maintenance is not available, sanctions screening applies to all SEC codes, as per existing behavior.