To obtain payment account information for payments to the Foreign Government Deposit Funds deposit account established consistent with Executive Order (E.O.) 14373, "Safeguarding Venezuelan Oil Revenue for the Good of the American and Venezuelan People," and referenced in certain Venezuela General Licenses, depositors must first email the official point of contact for the deposit account at: DepositorInquiries@state.gov. Potential depositors that fail to contact this email inbox and provide the requested transaction details may have their deposits rejected. Potential depositors should be prepared to provide all relevant transaction details, including the following, as appropriate:
- Full legal names and addresses of corporate depositor and all contract parties (provide subsidiary information, as applicable);
- Detailed description of the underlying contract or obligation, including the purpose and nature of the payment (include information on the type of product and amount purchased and/or sold);
- Date of sale and copies of the corresponding invoice(s), contract number(s), and any relevant reference identifiers;
- Total payment amount, currency, and proposed payment date(s);
- Identification of the license authorizing the transaction;
- Copies of any other transaction record(s) to validate the deposit; and
- Primary point of contact for any follow-up questions, including name, title, telephone number, and email address.
Once the Department of State has provided payment account information and the deposit has been made and accepted, the depositor will receive a confirmation email acknowledging the deposit, which can be used to inform all contract parties involved in the transaction.