EU Consolidated Sanctions List
Category: Verify the Counterparty
What it is useful for
EU financial sanctions list reference for counterparties, owners, banks, and intermediaries.
Helpful terms: Letter of CreditA bank undertaking to pay the seller when presented documents comply exactly with the LC terms, shipment dates, values, descriptions, and required certificates., TT PaymentA telegraphic transfer or bank wire used to pay a trade counterparty directly, often split into deposit and balance milestones tied to production, inspection, shipment, or documents., Sanctions ScreeningA compliance check against relevant sanctions lists for counterparties, beneficial owners, beneficiary banks, countries, vessels, ports, and payment routes before trading or paying.