OFAC FAQ #196 · Iran Sanctions

I am a financial institution and I hold an account for a listed person. What do I do with the funds?

OFAC's answer

Context Information: This FAQ is associated with [Executive Order 13608](https://ofac.treasury.gov/faqs/search?search_api_fulltext=&fulltext_phrase_search=This+FAQ+is+associated+with+Executive+Order+13608). The account is not blocked; however, it is restricted and you cannot allow it to be operated without authorization from OFAC.

Related programs

iran

Read this FAQ on the OFAC site ↗