OFAC Screening Services for Canadian Businesses
US sanctions can reach your business even in Canada. We build the OFAC screening that checks your customers and transactions against US lists, so American sanctions exposure never catches you unaware later.
Why Canadian Businesses Screen Against OFAC
Your baseline sanctions duties are Canadian, but US sanctions can still reach you. Dealing in US dollars, clearing through American banks, or transacting with US-linked parties can all pull you into OFAC’s scope. Screening against OFAC lists closes that gap, so exposure to US sanctions is caught before it becomes a serious problem.
The SDN List and Beyond
OFAC maintains the Specially Designated Nationals list and other sanctions programs that can apply well outside the United States. We screen your customers and transactions against these lists, interpret potential matches, and help you understand when US secondary sanctions risk arises, so your business sees the full picture rather than only its Canadian obligations.
List Screening
We screen customers and transactions against the SDN list and other OFAC programs.
Match Review
We assess potential OFAC hits, separating genuine matches from false positives.
Exposure Assessment
We identify where US dollar or US nexus exposure brings OFAC into scope.
Screening Integration
We add OFAC screening alongside your Canadian sanctions checks, not in place of them.
Ready to Simplify Your Compliance?
Businesses We Support With OFAC
We build OFAC screening for money services businesses, payment service providers, cryptocurrency platforms, currency exchanges, and the many other reporting entities with US dollar or cross-border exposure under the PCMLTFA.
We support banks with program design, oversight, & regulatory examination readiness.
We help credit unions meet obligations proportionate to their membership and scale.
We handle registration, renewals, reporting, & controls FINTRAC expects from you.
We cover Bank of Canada registration alongside your anti money laundering obligations.
We establish what your wallet activity triggers, then build only what applies.
We build compliance around what your product does, before volumes and questions arrive.
We register virtual currency dealers and build the reporting their activity demands.
We support financial institutions across registration, program build, and reporting duties.
Why Businesses Choose Our Screening
US Aware
We understand how US sanctions reach Canadian businesses, so your OFAC exposure is screened rather than quietly overlooked.
Match Confident
We review potential hits carefully, so genuine OFAC matches are caught and false positives do not stall your business.
Properly Layered
We add OFAC screening on top of your Canadian obligations, so both are covered without one replacing the other.
Serving Businesses Across Canada
We deliver OFAC screening right across the whole of Canada, from Toronto and Montreal to Vancouver and Calgary, and for foreign reporting entities that carry Canadian obligations wherever they operate.
Let's Talk About Your Compliance Needs
Schedule a Free Consultation
Whether you’re starting a new MSB or need ongoing AML support, our team responds within one business day.
OFAC Screening Questions
Clear answers to the questions Canadian businesses ask most about OFAC screening and US sanctions exposure alongside their Canadian obligations.
What is OFAC sanctions screening?
Checking your customers and transactions against US sanctions lists maintained by OFAC, the US Treasury office that administers American sanctions programs.
Does OFAC apply to Canadian businesses?
It can. US dollar transactions, US correspondent banks, or US-linked parties can bring your business within reach of OFAC sanctions.
What is the SDN list?
OFAC’s Specially Designated Nationals list of individuals and entities subject to US sanctions, whom businesses are generally prohibited from dealing with.
Does OFAC replace Canadian sanctions screening?
No. OFAC screening sits alongside your Canadian sanctions obligations, adding US coverage rather than replacing the checks you already run.
What are US secondary sanctions?
US measures that can penalise non-US businesses for dealing with certain sanctioned parties, which is why OFAC exposure matters beyond America.