Vendor Pre-Screening
Know whether you can pay a Venezuelan vendor before you sign.
Before you commit to a contract with a Venezuelan vendor, find out whether you can legally pay them.
The risk most companies discover too late.
U.S. companies operating in Venezuela face a compliance risk that often goes unaddressed until it's too late: a vendor completes the work, an invoice arrives, and only then does someone discover the recipient is on a sanctions list or flagged for money laundering. At that point, you have a contractual obligation you cannot legally fulfill.
Vendor pre-screening solves this before it becomes a problem.
How pre-screening works
Automated screening
We screen any individual or business against OFAC sanctions lists and global AML databases before you execute a contract. You get a clear result, screened and cleared, or flagged for review, so you can make an informed decision at the vendor selection stage, not after the work is done.
Enhanced KYB with UBO mapping
For vendors with complex or opaque ownership structures, we offer enhanced Know Your Business (KYB) review, including full mapping and screening of ultimate beneficial owners (UBOs), the individuals who ultimately own or control the entity. In markets like Venezuela, layered corporate structures are common. Knowing who is actually on the other side of a contract matters.
Manual legal review
Optional upgradeFor high-value contracts or vendors with particularly complex structures, we offer an intensive, manual screening process with oversight from on-the-ground Venezuelan counsel.
Screen a vendor before you commit.
Contact an account manager to set up pre-screening for your next Venezuelan vendor.
Contact usOr email us at hello@intersticedigital.io