OFAC FAQ #768 · Cuba Sanctions
What does the regulatory term “cash in advance” mean?
OFAC's answer
The regulatory interpretation of “cash in advance,” which describes one of the permissible payment and financing terms for authorized exports and reexports of agricultural commodities, is “cash before transfer of title and control.” For the full text, see [31 CFR § 515.533](https://gov.ecfr.gov/cgi-bin/text-idx?SID=db7239d53b55facba87fce5147b29f9b&mc=true&node=se31.3.515_1533&rgn=div8).