Frequently Asked Questions

… for engaging in the sale of agricultural commodities, food, medicine, or medical devices to Iran, as such transactions are generally subject to exceptions in  E.O. 13902 and other … List of Specially Designated Nationals and Blocked Persons (SDN List) in connection with … Read more

… to fall within the bounds of the significant reduction exception , any funds owed to Iran as a result of the bilateral trade transaction must be credited to an "account located in … at the same FFI that facilitated the transaction for the importation of goods or services… Read more

… URGENT NOTE: The U.S. Department of State cautions against any travel by U.S. persons to Iran. The Department of State has issued a Level Four Travel Advisory ( Do Not Travel ) for Iran due to the risk of kidnapping, arbitrary arrest, and detention of U.S.… Read more

… or software provider whose non-Iranian customers provide services or software to persons in Iran via the cloud may rely upon the authorization in 31 CFR § 560.540 to provide access to Iran, provided that such provider conducts due diligence based on information… Read more

… by the President in response to the commission of human rights abuses by the Governments of Iran and Syria. With the GHRAVITY E.O., the President recognized that the commission of serious human rights abuses against the people of Iran and Syria by their… Read more

… Are barter trades involving the Central Bank of Iran (CBI) considered “financial transactions” under Section 1245? … Are barter trades involving the Central Bank of Iran (CBI) considered “financial transactions” under Section 1245? …

… of the Treasury on May 8, 2018 , E.O. 13846 reimposes specified sanctions relating to Iran following relevant wind-down periods, i.e., on or after August 7, 2018 or November 5, 2018, … Executive Order (E.O) 13846 of August 6, 2018, “Reimposing Certain Sanctions With Respect to… Read more

… setting out existing exceptions to U.S. sanctions for the export of humanitarian goods to Iran. Foreign governments and foreign financial institutions interested in establishing a … What options exist for exporting humanitarian goods to Iran outside the Swiss… Read more

… licensing. As a result, persons seeking authorization for the exportation or reexportation to Iran of castor beans, castor bean seeds, certified pathogen-free eggs (unfertilized or … come in to OFAC for a specific license to export certain types of agricultural commodities to… Read more

… ITSR authorize the transfer of funds that are noncommercial and personal in nature to or from Iran or for or on behalf of an individual ordinarily resident in Iran, other than an individual whose property and interests in property are blocked pursuant to § … How… Read more