OFAC FAQ #1234 · Venezuela Sanctions
How does a financial institution verify a transaction is compliant with [Venezuela General License (GL) 46](https://ofac.treasury.gov/media/934886/download?inline)?
OFAC's answer
In connection with its normal due diligence, a financial institution may rely on the statements of its customer that the transaction is consistent with the terms of [GL 46](https://ofac.treasury.gov/media/934886/download?inline), unless it knows or has reason to know otherwise.