CFR > Title 31 - Money and Finance: Treasury > SUBTITLE B—Regulations Relating to Money and Finance > CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY (parts 501 to 598) > PART 535—IRANIAN ASSETS CONTROL REGULATIONS > SUBPART D—Interpretations (§535.401 to §535.441) > 535.414—Payments to blocked accounts under § 535.508.

535.414—Payments to blocked accounts under § 535.508.

(a) Section 535.508 does not authorize any transfer from a blocked account within the United States to an account held by any bank outside the United States or any other payment into a blocked account outside the United States.
(b) Section 535.508 only authorizes payment into a blocked account held by a domestic bank as defined by § 535.320.

Code of Federal Regulations

[44 FR 67617, Nov. 26, 1979]