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OFAC Now Accepting License Applications Electronically

Monday, April 22, 2013
By Shawn McCausland
Sandler, Travis & Rosenberg Trade Report

The Treasury Department’s Office of Foreign Assets Control is now accepting requests for licenses, license amendments and interpretive guidance electronically. Effective April 18, interested parties can go to the OFAC License Application Page and click the link to apply (1) to export agricultural commodities, medicine or medical devices to Sudan or Iran pursuant to the Trade Sanctions Reform and Export Enhancement Act of 2000; (2) to travel to Cuba (for many, though not all, categories of travel to Cuba); (3) for the release of a wire transfer blocked at a U.S. financial institution; and (4) for a license or interpretive guidance in all other circumstances. OFAC notes that the option of submitting applications by mail is still available.

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