OFAC FAQ 33

How much interest do I have to pay on the blocked funds?

Length: 44 wordsOfficial source
Question: How much interest do I have to pay on the blocked funds? Answer: OFAC regulations require that funds earn interest at a commercially reasonable rate, i.e., at a rate currently offered to other depositors on deposits or instruments of comparable size and maturity.
OFAC FAQ 33: How much interest do I have to pay on the blocked funds? | Justis AI