Sender & recipient screening
Screen both parties to every transfer against sanctions, PEP, and watchlist data, so payments are checked at the point of transaction rather than only at customer signup.
Industry solution
AML Compliance for Money Services Businesses
Screen senders and recipients against sanctions and PEP data, verify identities, monitor transfers, and oversee agents — across cross-border, high-velocity flows.
Last updated
What MemberCheck covers
- Sender & recipient screening
- Sanctions & PEP screening
- Identity verification
- Transaction monitoring
- Agent oversight & audit readiness
The challenge
Why AML matters in Money Services Businesses.
Remittance providers, currency exchanges, and money transfer operators move value across borders in high volumes and often at low individual amounts, which makes them a persistent target for money laundering and sanctions evasion. Obligations attach not only to customers but to each transaction, so both the sender and the recipient must be screened before funds are released.
The operational reality is demanding: transfers happen quickly, customers include occasional and walk-in users, and much of the volume runs through agent networks that must apply the same controls consistently. Cross-border corridors add jurisdiction risk that has to be assessed transaction by transaction.
MemberCheck combines sanctions and PEP screening, identity verification, transaction monitoring, and jurisdiction risk into one auditable workflow, so money services businesses can meet their obligations across every channel and every agent without slowing legitimate transfers.
How MemberCheck helps
All solutions →Built into how your team already works.
Identity verification
Verify customer identities and documents at onboarding and for occasional transactions, meeting KYC obligations for walk-in and remote channels alike.
Transaction monitoring
Monitor transfers for structuring, unusual velocity, and high-risk corridors, and route alerts into due-diligence workflows with full evidence.
Cross-border risk
Apply jurisdiction risk scoring to sending and receiving countries, so corridors that carry elevated sanctions or money-laundering exposure are treated accordingly.
Agent oversight
Extend consistent screening and monitoring across your agent network, so obligations are met uniformly no matter where a transaction originates.
What you need to cover
The obligations MemberCheck supports.
- Customer due diligence (CDD) and enhanced due diligence (EDD)
- Sanctions, PEP, and watchlist screening of senders and recipients
- Identity verification for customers and occasional transactions
- Transaction monitoring and suspicious matter reporting
- Cross-border and correspondent risk assessment
- Record keeping and audit readiness
1,000+
Global watchlists screened
<1s
Average screening response
24h
Watchlist refresh cycle
195
Countries covered
FAQ
Common questions.
Can MemberCheck screen both the sender and recipient of a transfer?
Yes. MemberCheck screens both parties to a transaction against sanctions, PEP, and watchlist data, so transfers are checked at the point of payment, not only at signup.
Does MemberCheck support identity verification for remittance customers?
Yes. MemberCheck verifies customer identities and documents for both walk-in and remote channels, meeting KYC obligations for onboarding and occasional transactions.
Can MemberCheck monitor transactions for structuring and unusual activity?
Yes. MemberCheck monitors transfers for structuring, velocity, and high-risk corridors, routing alerts into due-diligence workflows with full evidence for reporting.
How does MemberCheck help manage cross-border risk?
MemberCheck applies jurisdiction risk scoring to sending and receiving countries so corridors with elevated sanctions or laundering exposure are handled with extra scrutiny.
See MemberCheck for Money Services Businesses.
Book a walkthrough with our compliance team and screen a real case in the first session.