Israel Discount Bank, Dresdner Bank, and Commercial Bank of Kuwait have purchased scanning software from International Financial Systems Ltd, NewYork. The software blocks payments involving entities that are included on the U.S. Department of Treasury' s Office of Foreign Asset Control list. Fines of up to $10,000 can be imposed for voilations.
Save $400 off your subscription. Special offer ends April 30, 2017.
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In