Use cases
The /check-aml-individual API enables real-time AML screening for individuals during onboarding or when applying for NCB products, ensuring compliance by checking against global and local watchlists and supporting swift, risk-informed decisions.
AML check during onboarding and any product application at NCB.
Purpose:
To perform real-time Anti-Money Laundering (AML) check for individual customers when they are onboarding or applying for NCB products such as personal loans, credit cards, debit cards, ... This ensures the institution screens against both domestic and international watchlists and blacklists to comply with regulations and prevent financial crime.
Use case description:
Scenario:
A customer initiates onboarding via mobile banking, internet banking, or at a physical branch. Alternatively, an existing customer applies for a credit product such as an unsecured loan, a debit card, or a credit card. Before proceeding, the bank must verify that the individual is not present in any AML-related lists (e.g., sanctions, terrorism financing, politically exposed persons).
System Action:
The system collects the individual’s identification data (full name, date of birth, nationality, legal identity numbers) and sends it to the /check-aml-individual API.
The API runs the information against multiple AML sources (e.g., OFAC, EU, UN, local blacklists).
- If no matches are found: the process continues automatically.
- If a match is detected: the API returns the matched list(s), relevant hit rules, and treatment guidance (e.g., manual review, escalation, rejection).
Outcome:
The bank receives a definitive AML check result in real time, allowing business and compliance teams to approve, escalate, or reject the onboarding or product application accordingly.
Benefit:
- Ensures strict compliance with AML regulations for all onboarding and product issuance processes.
- Prevents onboarding or product provisioning to high-risk individuals or sanctioned entities.
- Supports faster decision-making through automation and real-time risk detection.
- Applies uniform check standards across all customer and product journeys.
