OFAC FAQ 75
Do I have to fill out a particular form to get a license to engage in a transaction? (version of 2023-03-22)
Cite as OFAC FAQ 75 (version of 2023-03-22)
Question: Do I have to fill out a particular form to get a license to engage in a transaction?
Answer: Most license applications do not have to be submitted on a particular form. However, it is essential to include in the request all necessary information as required in the application guidelines or the regulations pertaining to the particular embargo program. When applying for a license, provide a detailed description of the proposed transaction, including the names and addresses of any individuals/companies involved. The mailing address for license applications is:
Office of Foreign Assets Control
U.S. Department of the Treasury
Treasury Annex
1500 Pennsylvania Avenue, NW
Washington, DC 20220
Attn: Licensing Division
In order to apply for a specific license to release blocked funds, you are encouraged to file an electronic application to have blocked funds released by visiting the following link:
https://ofac.treasury.gov/ofac-license-application-page
.
You may also
submit an application for the release of blocked funds
which is available on OFAC's website under "Forms." You should print this form, complete the required information, attach payment instructions, and mail it to the address listed above.
Depending upon the transaction, there may be specific guidance available on OFAC's website under relevant "Guidance on Licensing policy" on OFAC's various
sanctions program web pages
.
- Cross-references to the CFR
- https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-501/subpart-E/section-501.80131 C.F.R. 501.801