GL-23

Active

Third-country Diplomatic and Consular Funds Transfers Authorized

Status
Active
Program
VENEZUELA
Effective
2019-08-05
Expires
No stated expiry

Summary

General License No. 23, issued under the Executive Order of August 5, 2019 (Blocking Property of Government of Venezuela), authorizes U.S. depository institutions, U.S.-registered brokers or dealers in securities, and U.S.-registered money transmitters to process funds transfers involving the Government of Venezuela. These transfers must be necessary for the operating expenses or other official business of third-country diplomatic or consular missions in Venezuela. The authorization covers only Government of Venezuela persons blocked solely pursuant to the Executive Order of August 5, 2019.

Authorized activities

  • Processing funds transfers involving the Government of Venezuela necessary for operating expenses of third-country diplomatic or consular missions in Venezuela
  • Processing funds transfers involving the Government of Venezuela necessary for other official business of third-country diplomatic or consular missions in Venezuela

Conditions

This license does not authorize any transaction otherwise prohibited by E.O. of August 5, 2019, E.O. 13850 of November 1, 2018, E.O. 13835 of May 21, 2018, E.O. 13827 of March 19, 2018, E.O. 13808 of August 24, 2017, or E.O. 13692 of March 8, 2015, each as amended by E.O. 13857 of January 25, 2019, or any part of 31 C.F.R. chapter V. The authorization is limited to funds transfers involving Government of Venezuela persons blocked solely pursuant to the E.O. of August 5, 2019.

Read the official OFAC General License ↗