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Pre-settlement check

结算前检查

Checks that run before money moves: identity, mandate, policy, screening. The difference from after-the-fact auditing is that auditing records the loss; this prevents it.

RELATED TERMS

  • AML screeningChecking a counterparty address against sanctions lists, mix
  • SettlementThe step at which funds actually move and reach finality. It

This definition is citable at a stable URL: https://oceanalt.com/en/glossary/pre-settlement-check

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