Launch promo 53% off — full access for R399/month (was R850)
Buy nowThe Land Bank seeks a subscription-based sanctions screening solution to ensure compliance with anti-money laundering and regulatory requirements. The contract duration is 36 months, starting September 1, 2026.
The Land Bank is inviting qualified service providers to submit quotations for a sanctions screening solution that will assist in meeting its regulatory compliance obligations under the Financial Intelligence Centre Act and other relevant legislation. This solution will be essential in screening prospective and existing clients against various sanctions lists, including those from the United Nations and local authorities, to prevent money laundering and terrorist financing activities.
The selected service provider will deliver a web-based platform that offers real-time updates, ongoing monitoring, and comprehensive reporting capabilities. Key functionalities include screening of individuals and entities, identification of politically exposed persons (PEPs), and alert management for potential matches. The service provider must demonstrate experience in the financial sector, provide access to credible databases, and ensure strong data protection measures. This tender is an opportunity for businesses specializing in compliance solutions to contribute to the Land Bank's mission of promoting agricultural and rural development in South Africa.
This tender is suitable for businesses that provide compliance and regulatory solutions, particularly those with expertise in sanctions screening, anti-money laundering, and financial risk management. Companies with a proven track record in delivering web-based screening platforms and maintaining data security are encouraged to apply.