GLOBAL PAYMENTS KNOWLEDGEISO 20022 / SWIFT / SEPA / MT / MX
PAYMENTSSIGNAL

The interactive academy for the standards, messages, and rails that move money.

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DRILL · SANCTIONS SCREENING VS AML VS FRAUD

The words behind Sanctions screening vs AML vs fraud

Read the plain-language definition, then name the term it describes.

Checking customers and payments against sanctions lists and other watchlists to find possible matches before or as business is processed.

Step 1 of 3

THE DRILL AS TEXT

  1. Checking customers and payments against sanctions lists and other watchlists to find possible matches before or as business is processed.
    • Screening
  2. A person entrusted with a prominent public function, plus close family and associates. PEP status means higher due diligence, not prohibition.
    • PEP — Politically Exposed Person
  3. Negative news coverage linking a party to crime or misconduct, used as a risk signal in due diligence and some screening programmes.
    • Adverse media

This drill is built from Sanctions screening vs AML vs fraud — it rearranges material written and sourced on that page rather than asserting anything new, so every claim in it is checkable there.