31 CFR 576.504 - Payments and transfers to blocked accounts in U.S. financial institutions.

§ 576.504 Payments and transfers to blocked accounts in U.S. financial institutions.
Any payment of funds or transfer of credit in which a person whose property and interests in property are blocked pursuant to § 576.201(a) has any interest that comes within the possession or control of a U.S. financial institution must be blocked in an account on the books of that financial institution. A transfer of funds or credit by a U.S. financial institution between blocked accounts in its branches or offices is authorized, provided that no transfer is made from an account within the United States to an account held outside the United States, and further provided that a transfer from a blocked account may be made only to another blocked account held in the same name.
Note to § 576.504:
See§ 501.603 of this chapter for mandatory reporting requirements regarding financial transfers. See also § 576.203 concerning the obligation to hold blocked funds in interest-bearing accounts.

Title 31 published on 2013-07-01

no entries appear in the Federal Register after this date.

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United States Code
Statutes at Large
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Executive Order ... 13303

Executive Order ... 13315

Executive Order ... 13350

Executive Order ... 13364

Executive Order ... 13438