Ofac application status
Several different sanctions programs are covered as part of OFAC’s SDN List – to date more than 30. But not only US businesses are affected by US trade restrictions: Due to the extraterritorial reach of US export controls, screening against US sanctions lists is also recommended for companies that trade in US goods, technology, or services – directly or indirectly – no matter where in the world they are located. Individuals, groups, and entities designated under non-country-specific sanctions programs (such as terrorists and narcotics traffickers)Īssets of SDNs are blocked and US persons are generally prohibited from dealing with them.Individuals and companies owned or controlled by, or acting for or on behalf of, sanctioned countries.OFAC is the financial intelligence and enforcement agency that administers and enforces US economic and trade sanctions in accordance with US national security and foreign policy objectives.Īs part of its enforcement efforts, OFAC publishes the “SDN List” – the “Specially Designated Nationals And Blocked Persons List.” This sanctions list includes so-called "Specially Designated Nationals" (SDNs): If you have any questions about the application process, please contact OFAC's Licensing Division at (202) 622-2480.OFAC is the short name for the US Treasury Department’s Office of Foreign Assets Control. Frequently Asked Questions on OFAC Licensesįor additional information, please see our Frequently Asked Questions regarding OFAC licenses and licensing procedures. For more information on visas to travel to Cuba please visit the Department of State's website on International Travel for Cuba and visit the section of this site labeled, "Entry, Exit & Visa Requirements."Īgricultural and Medical Activities in Iran and Sudanįor information related to licenses authorizing exports of agricultural commodities, medicine, and medical devices to Iran and Sudan pursuant to the Trade Sanctions Reform and Export Enhancement Act of 2000 (TSRA), please see our TSRA page, TSRA Frequently Asked Questions, and TSRA Application Guidelines. Department of the Treasury does not issue visas to travel to Cuba. Please review the Frequently Asked Questions regarding recent changes in Cuba sanctions policy.Please read all instructions and relevant information fully before submitting an application for a specific license.ĭo you have questions about traveling to Cuba?
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OFAC APPLICATION STATUS LICENSE
OFAC will consider the issuance of specific licenses on a case-by-case basis when a general license provision is not available. If you determine that a general license does not apply, you may apply for a specific license by using this online application process. It is OFAC's policy not to grant applications for a specific license authorizing transactions where a general license exists. Persons traveling pursuant to a general license do not need to notify OFAC of their travel plans. General licenses constitute blanket authorization for those transactions set forth in the relevant regulation and are self-selecting and self-executing. To the extent that your proposed travel falls within the scope of an existing general license, you may proceed without applying for a specific license from OFAC.
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Before applying for a specific license, please review the information about Cuba travel and the 12 categories of general licenses related to Cuba travel found in the Cuba Assets Control Regulations (31 CFR part 515). You may not need to apply for a specific license. Select "Release of Blocked Funds" as the application type on the first page of the application. If your funds have been blocked or "frozen" by a financial institution or other party due to a possible link to OFAC-administered sanctions, you may apply for a specific license by clicking the Apply for a License button above. To apply for a license, click the link below or scroll down for more information on the different licensing categories.
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A license is an authorization from OFAC to engage in a transaction that otherwise would be prohibited.