Frequently Asked Questions

73. My company provides money remittance and account services via the Internet. Does OFAC have any compliance guidance for this type of business?

… sanctions policy presents unique challenges to institutions that operate exclusively on the Internet. The Internet has often been thought of as an "anonymous venue" in that e-commerce transactions can be … contact among the parties in a transaction.… Read more

72. Can I send money to a sanctioned country using a third-country company’s website? Can I buy gifts for someone in a sanctioned country over the internet? The websites tell me that it’s ok because they themselves are not sanctioned parties.

… law and subject to penalties. Another example is booking unauthorized travel to Cuba using an internet travel service provider in a third country. Spending money on unauthorized … fact that the trip was booked through a third-country company, either in person or over the … Read more

441. Does 31 CFR § 560.540 of the Iranian Transactions and Sanctions Regulations (ITSR) authorize the provision of fee-based cloud computing services to Iran?

… of fee-based cloud computing services that support the exchange of communications over the internet. In addition, paragraph (a)(2)(i) of 31 CFR § 560.540 authorizes the provision to Iran … that is incident to, or enables services incident to, the exchange of communications over… Read more

Frequently Asked Questions

Office of Terrorism and Financial Intelligence