OFAC Issues General License Permitting Direct Earthquake Relief Donations
The Office of Foreign Assets Control (OFAC) has issued a general license permitting U.S. persons to make donations of funds to nongovernmental organizations in direct support of humanitarian relief and reconstruction efforts being undertaken in Iran in response to the earthquake in Bam. The general license is valide for 90 days. Donations made under this general license may be made through a bank owned or controlled by the Government of Iran, provided that the transfer does not involve the debit or credit of an account of the Iranian bank maintained on the books of a U.S. bank.
This general license does not authorize any funds transfers to or through any blocked person, including specially-designated nationals.
|posted by Douglas N. Jacobson| Permalink 
