Teletrack developed our OFAC Activity Report to provide businesses and financial institutions with an efficient and cost-effective method to review OFAC reports. Teletrack’s OFAC Activity Report can help ensure that financial institutions remain informed and do not unknowingly provide money, goods, or services to individuals being monitored by the OFAC.

Teletrack’s OFAC Activity Report offers financiers a real-time, automated method for cross-checking the list that does not slow the financial transaction approval process. The OFAC Activity Report quickly and easily identifies inquiries performed on behalf of a consumer who closely matches an entry on the OFAC SDN list. The Teletrack database is updated daily with new information from the Treasury Department to help ensure that the most recent additions and deletions to the blocked persons list always remains current.

For more information on the USA Patriot Act and OFAC regulations and compliance guidelines, please visit: http://www.treas.gov/offices/eotffc/ofac. You may also want to consult your own legal counsel to develop your own company policy for complying with OFAC regulations.

The above link(s) are to information created and maintained by other organizations. These links are provided for your convenience only. Teletrack, Inc. does not control or guarantee the accuracy, relevance, timeliness, or completeness of any information or privacy policies posted on the sites we link to. Links to particular sites, items, services or products in hypertext do not reflect their importance and should not be considered an endorsement of the organizations sponsoring the sites, the views expressed on the sites, or the products or services offered on the sites.