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How much interest do I have to pay on the blocked funds?How much interest do I have to pay on the blocked funds?

April 26, 2017blocked funds pay

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How much interest do I have to pay on the blocked funds?How much interest do I have to pay on the blocked funds?

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OFAC regulations require that funds earn interest at a commercially reasonable rate, i.e., at a rate currently offered to other depositors on deposits or instruments of comparable size and maturity. OFAC regulations require that funds earn interest at a commercially reasonable rate, i.e., at a rate currently offered to other depositors on deposits or instruments of comparable size and maturity.