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Verify and onboard your business’ customers with ease
Verify and onboard your business’ customers with ease
Frequently asked questions
Frequently asked questions
An OFAC screening software that delivers comprehensive results
With limited inputs, we provide comprehensive outputs
Screen All US Watchlists
We’re not just an OFAC SDN search tool. We also screen against all other OFAC sanctions lists, as well as watchlists from the State Department and the BIS.
Business Registration
With limited inputs, we provide comprehensive outputs
Consistent Data Freshness
We refresh our US watchlist data daily, so if you have Watchlist Monitoring, you’ll be updated at the start of each day as to whether a business (or any of its associated people) has been added to a watchlist.
Customized Screening Parameters
We offer screening options to reduce false positives, including fuzzy matching, date of birth filtering, and screening against specific watchlists or agencies.
Retrieve Other KYB Information
In addition to hits on OFAC sanctions lists and other US watchlists, our business verification tools can check other potential risk factors like industry classifications, litigations, bankruptcies, and more.
Instant OFAC screening results that speak for themselves
Validated by innovative technology companies and large national banks.
92%
Records refreshed within the last 30 days
Accurate business verification results that speak for themselves
2-3X
Improvement in auto-approval rates
75%
Reduction in document requests
We help companies reduce onboarding risk & automate KYB compliance
Ensure your entities are US-sanctioned
Screen against all OFAC sanctions lists, not just the Specially Designated Nationals (SDN) list. If a business customer is sanctioned by the US in any way, you’ll know about it.
The leading business identity platform
An OFAC search tool to identify any sanctioned business
Access data on 100% of registered businesses
Real-time data updates ensures information accuracy
Identify business sanctions to reduce onboarding risk
Automate bulk lookups & monitor with ongoing compliance
Get accurate, up-to-date information
Middesk retrieves data directly from OFAC’s official consolidated sanctions lists on a daily basis. So you can rest assured you’re getting fresh, accurate information to conduct KYB with.
Enhance risk assessment with all watchlists
Middesk covers not just OFAC’s lists, but also watchlists from the State Department and the Bureau of Industry and Security (BIS). This helps you know which entities are illegal to deal with, and which ones are high-risk.
Speed up business verification
Forget having to manually screen businesses and their associated people - one by one - through the OFAC website. Middesk’s OFAC tool allows you to check a business and its associated people against all of OFAC’s lists at once.
Verify OFAC watchlist data instantly with our easy-to-use dashboard or API
Tell us about your business
Who’s this demo for?
Are you looking for a modern way to onboard new businesses?
OFAC’s lists name people, businesses, and countries that have posed (or are posing) serious threats to US national security, foreign relations, or economic policy. In addition to being high-risk, these entities have conditions or even prohibitions on dealing with them. If you fail to comply with these restrictions, you can face criminal penalties and other consequences.
Middesk retrieves consolidated OFAC sanctions list data directly from the US Department of the Treasury, which oversees the Office of Foreign Assets Control. It also retrieves other watchlist data from the State Department and the Bureau of Industry and Security (BIS).
You can, but there are some major downsides to not using OFAC screening software.
One is that you can only run one search at a time, which is highly inefficient if you have a large number of business customers (not to mention having to search for their associated people as well).
Another is that OFAC’s tool has limited support for varying name formats (e.g. alternate spellings, nicknames/aliases, abbreviations, contractions, and acronyms), so you may need to run the same search multiple times to ensure you get (or don’t get) a match. This is overly time-consuming, especially if you need to do this for hundreds (or potentially thousands) of entities.
Once you are set up with Middesk, simply log into the dashboard and place a Verify order. Then enter the business’s name and address, along with (optionally) a list of people associated with the business, run the search, and select the Consolidated OFAC Screening report. It’s a simple process that takes less than a minute!
An OFAC search tool to identify any sanctioned business