Preventing the financing of terrorism is another of the bank's task regarding compliance and anti-money laundering. Transactions have to be checked for links to international terrorism and stopped. SironTM Embargo matches sender or recipient data with entries in the sanction lists (e.g. names or aliases of terrorists, terrorist organizations, or criminals). Numerous national and international sanction lists are used, e.g.:
Transaction alerts triggered by a match with the sanction lists are "frozen" by the system. This prevents any possible transfer or change of ownership. Transactions without alert are returned to the payment flow. SironTM Embargo logs all checks, steps, and decisions for each transaction related to a case in an audit-proof manner.