National Australia Bank implements Prime's OFAC Reporter in NY
21 November 2003 | 2944 views | 0
The National Australia Bank is implementing Prime Associates' OFAC Reporter product at its New York office to comply with customer identification regulations of the USA Patriot Act.
The bank will use OFAC Reporter to screen customers against lists of known or suspected terrorists issued by the US Treasury Office of Foreign Assets Control.
New Jersey-based Prime Associates says the product will be a key component for the bank in meeting USA Patriot Act mandates.