GL-20
ActiveAuthorizing Third-Country Diplomatic and Consular Funds Transfers
Machine-extracted. The summary, conditions, and reporting fields on this page were extracted by AI from the official document. Rely on the official OFAC General License, not this page.
Summary
This general license authorizes U.S. persons to engage in all transactions ordinarily incident and necessary to the official business of third-country diplomatic or consular missions located in the Russian Federation. The authorization covers transactions that would otherwise be prohibited by Executive Order 14024 or section 1(a)(iv) of E.O. 14068. The license is subject to several carve-outs that restrict certain financial and export-related activities.
Authorized activities
- All transactions ordinarily incident and necessary to the official business of third-country diplomatic or consular missions located in the Russian Federation that are prohibited by E.O. 14024 or section 1(a)(iv) of E.O. 14068
Conditions
The license does not authorize: (1) opening or maintaining correspondent or payable-through accounts for entities subject to Directive 2 under E.O. 14024; (2) any debit to an account of the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation on the books of a U.S. financial institution; (3) exportation, reexportation, sale, or supply of U.S. dollar-denominated banknotes to the Government of the Russian Federation (except payment of taxes/fees and purchase or receipt of permits, licenses, or public utility services); (4) any transactions involving any person blocked pursuant to the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587, unless separately authorized.