31 CFR § 587.404 Russian Harmful Foreign Activities Sanctions Regulations

§ 587.404 Transactions ordinarily incident to a licensed transaction.

Current through Oct 6, 2026 · Read all of Part 587

Any transaction ordinarily incident to a licensed transaction and necessary to give effect thereto is also authorized, except:

(a) An ordinarily incident transaction, not explicitly authorized within the terms of the license, by or with a person whose property and interests in property are blocked pursuant to § 587.201; or

(b) An ordinarily incident transaction, not explicitly authorized within the terms of the license, involving a debit to a blocked account or a transfer of blocked property.

← § 587.403 Termination and acquisition of an interest in blocked property.§ 587.405 Setoffs prohibited. →