Frequently Asked Questions

1011. My U.S. bank refused to process a requested payment related to energy despite the authorization in Russia-related General License (GL) 115C under Executive Order (E.O.) 14024. What can I do?

1011 … The Office of Foreign Assets Control (OFAC) encourages persons to connect with their financial institution regarding the status of any payment. In addition, persons with questions about engaging in or processing transactions related to GL 115C can contact the OFAC Compliance Hotline .… Read more

367. What is the definition of a “bioactive peptide”?

367 … For purposes of the relevant exclusion from the agricultural commodities general license in the Iranian Transactions and Sanctions Regulations( ITSR ), the term “bioactive peptide” means an item that must be less than 50 amino acids in length and bioactive (antioxidant, antiallergic,… Read more

Frequently Asked Questions

Office of Terrorism and Financial Intelligence