Form TD F 90-22.54 TD F 90-22.54 Application for the Release of Blocked Funds

INSTRUCTIONS
WHERE A WIRE TRANSFER HAS BEEN BLOCKED AT A U.S. FINANCIAL INSTITUTION DUE TO U.S. GOVERNMENT SANCTIONS, A PARTY TO THE
TRANSFER MAY APPLY FOR RELEASE OF THE FUNDS.

▪

COMPLETE ALL APPLICABLE SECTIONS. FAILURE TO PROVIDE ADEQUATE INFORMATION MAY RESULT IN YOUR APPLICATION BEING
RETURNED WITHOUT ACTION.

▪

ATTACH COPIES OF ANY DOCUMENTS RELATED TO THE UNDERLYING TRANSACTION (E.G. INVOICES, BILLS OF LADING, PHOTOCOPY
OF THE ORIGINAL PAYMENT OR TRANSFER INSTRUCTIONS, COPIES OF GOVERNMENT-ISSUED IDENTIFICATION SUCH AS PASSPORT,
TEMPORARY/PERMANENT RESIDENT CARD, BIRTH CERTIFICATE, OR OTHER IDENTIFYING DOCUMENTATION).

▪
▪

ALL DOCUMENTS MUST BE IN ENGLISH OR INCLUDE AN ENGLISH TRANSLATION.
MAIL THE COMPLETED AND SIGNED APPLICATION, TOGETHER WITH ACCOMPANYING DOCUMENTATION AND TWO ADDITIONAL COPIES
OF THE ENTIRE SUBMISSION, TO: THE OFFICE OF FOREIGN ASSETS CONTROL, 1500 PENNSYLVANIA AVENUE,NW-ANNEX,
WASHINGTON, D.C. 20220, ATTN: BLOCKED FUNDS APPLICATION

▪

A COPY OF THIS APPLICATION AND ALL RELATED DOCUMENTATION MUST BE RETAINED BY THE APPLICANT FOR AT LEAST FIVE YEARS
AFTER THE DATE OF THE UNDERLYING TRANSACTION.

▪

UNLESS AUTHORIZED BY OFAC, APPLICATIONS MADE BY ANY OTHER METHOD WILL NOT BE CONSIDERED.

▪

LICENSEES SHALL FURNISH AND MAKE AVAILABLE FOR INSPECTION ANY RELEVANT INFORMATION, RECORDS OR REPORTS
REQUESTED BY THE SECRETARY OF THE TREASURY OR ANY DULY AUTHORIZED OFFICER OR AGENCY OF THE SECRETARY.

▪

A SPECIFIC LICENSE IS NOT TRANSFERABLE, IS LIMITED TO THE FACTS AND CIRCUMSTANCES SPECIFIC TO THE APPLICATION, AND IS
SUBJECT TO THE PROVISIONS OF 31 CFR PART 501, THE RELEVANT EXECUTIVE ORDER OR PART OF 31 CFR CHAPTER V PERTAINING
TO THE SANCTIONS PROGRAM UNDER WHICH THE TRANSFER WAS BLOCKED AND ANY REGULATIONS OR RULINGS ISSUED PURSUANT
THERETO. A LICENSE MAY BE REVOKED OR MODIFIED AT ANY TIME AT THE DISCRETION OF THE SECRETARY OF THE TREASURY. IF A
SPECIFIC LICENSE WAS ISSUED AS A RESULT OF WILLFUL MISREPRESENTATION ON THE PART OF THE APPLICANT OR HIS AGENT, IT
MAY, AT THE DISCRETION OF THE SECRETARY OF THE TREASURY, BE DECLARED VOID FROM THE DATE OF ITS ISSUANCE, OR FROM
ANY OTHER DATE.

▪

A SPECIFIC LICENSE 1) DOES NOT EXCUSE COMPLIANCE WITH ANY LAW OR REGULATION ADMINISTERED BY THE OFFICE OF FOREIGN
ASSETS CONTROL OR ANOTHER AGENCY (INCLUDING REPORTING REQUIREMENTS APPLICABLE TO THE TRANSACTIONS AND
ACTIVITIES THEREIN LICENSED), 2) DOES NOT RELEASE THE LICENSEES OR THIRD PARTIES FROM CIVIL OR CRIMINAL LIABILITY FOR
VIOLATION OF ANY LAW OR REGULATION, AND 3) DOES NOT CONSTITUTE A FINDING OF FACT OR CONCLUSION OF LAW WITH RESPECT
TO THE APPLICABILITY OF ANY LAW OR REGULATION.

▪

ATTENTION IS DIRECTED TO 19 U.S.C. §§ 1592 AND 1595A, 18 U.S.C. § 545, 18 U.S.C. § 1001, 50 U.S.C. APP. § 16, AND SECTION 701 ET
SEQ. OF THE RELEVANT PART OF 31 CFR FOR PROVISIONS RELATING TO PENALTIES.

▪
▪
▪
▪
▪
▪

Remitter – The person or organization that is sending the funds.
Remitting Financial Institution – Name of the financial institution initiating the transfer on behalf of the remitter.
Intermediary Financial Institution – A bank other than the remitter’s bank or beneficiary’s bank through which the transfer passes.
Beneficiary Financial Institution – The financial institution receiving the funds on behalf of the beneficiary.
Beneficiary – The ultimate party to be credited or paid as a result of a wire transfer.
Hover Help – Holding the mouse cursor over the data entry portion of some fields will result in a pop-up box containing information on entering data into
the field over which the mouse cursor is placed. This help also exists for the headings of each section.

LICENSES GRANTED PURSUANT TO THIS APPLICATION ARE SUBJECT TO THE CONDITIONS BELOW

FOR YOUR INFORMATION

WARNING!

MAKING FALSE OR MISLEADING STATEMENTS ON OR IN CONNECTION WITH THIS
APPLICATION MAY CONSTITUTE SERIOUS CRIMINAL AND/OR CIVIL VIOLATIONS
OF FEDERAL LAW AND MAY RESULT IN SUBSTANTIAL FINES.
PAPERWORK REDUCTION ACT STATEMENT: The paperwork requirement has been cleared under the Paperwork Reduction Act of 1985. The Office of Foreign
Assets Control (OFAC) of the Department of the Treasury requires this information to be furnished pursuant to 31 CFR Part 501. The information collected will be used
for U.S. Government to evaluate and process license applications submitted by applicants whose money has been blocked pursuant to OFAC sanctions. It is the policy
of OFAC to protect the confidentiality of information in appropriate cases pursuant to the exemptions from disclosure provided under the Freedom of Information Act
and the Privacy Act. The estimated burden associated with this collection of information is 30 minutes per respondent. Comments concerning the accuracy of this
burden estimate and suggestions for reducing this burden should be directed to the Compliance Programs Division, Office of Foreign Assets Control, Department of the
Treasury, 1500 Pennsylvania Ave., N.W., Washington, D.C. 20220 and the Office of Management and Budget, Paperwork Reduction Project OMB No. 1505-0170,
Washington, D.C. 20503. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid
control number assigned by OMB.

Mail this application to: Licensing Division
Office of Foreign Assets Control
U.S. Department of the Treasury
1500 Pennsylvania Avenue, N.W.
Washington, D.C. 20220

Form Approved
OMB No.: 1505-0170
Expiration Date: 08/31/2012

U.S. Department of the Treasury

OMB No. 1505-0170

APPLICATION FOR THE RELEASE OF BLOCKED FUNDS
It is strongly recommended that you use the computer to complete this form

TYPE OF APPLICATION New Application
1. Blocked Amount:

Previous Case Number (if applicable):

2. Currency Type:

3. Date Blocked (mm/dd/yyyy):

APPLICANT/CONTACT INFORMATION

4. Business Name (if applicable):
6. First Name:

5. Last Name:

8a. Street Address 1:

7. Middle Name:

9. City:

8b. Street Address 2:

12. Postal Code:

11. Select State

10. Select Country
Area

Exchange

Number

Extension

Area

13. Int'l 14. Phone:

Exchange

Number

15. Int'l 16. Fax:

17. E-mail Address:

18. Principal Place of Business:

19. State or Country Where Business is Incorporated:
20. Transfer Blocked Due to the Following OFAC Sanctions Program: Select Program
IF BLOCKING OCCURRED BECAUSE THE NAME OF ANY PARTY TO THE TRANSACTION APPEARS TO MATCH A NAME ON THE
SPECIALLY DESIGNATED NATIONALS (SDN) LIST, PLEASE PROVIDE INFORMATION RELATED TO THE NAME MATCH (e.g. copy
of: original payment or transfer instructions, invoices, bills of lading, passport, temporary/permanent resident card, birth certificate,
Employer Identification Number, passport, national ID card, incorporation document or other government-issued identifying
documentation).

FINANCIAL INSTITUTION THAT BLOCKED FUNDS
21. Institution Name:
22. Street Address:
24. Select Country

23. City:
25. Select State

26. Postal Code:

REMITTER'S INFORMATION
27. Business Name (if applicable):
28. Last Name:
31. Street Address:
33. Select Country

30. Middle Name:

29. First Name:

32. City:
34. Select State

35. Postal Code:

REMITTING FINANCIAL INSTITUTION
36. Institution Name:
37. Street Address:
39. Select Country

38. City:
40. Select State

Page 1 of 3

41. Postal Code:

Total Barcode Characters: 342

APPLICATION FOR THE RELEASE OF BLOCKED FUNDS (cont'd)

OMB No. 1505-0170

INTERMEDIARY FINANCIAL INSTITUTION

42. Institution Name:
43. Street Address:
45. Select Country

44. City:
47. Postal Code:

46. Select State
BENEFICIARY FINANCIAL INSTITUTION

48. Institution Name:
49. Street Address:
51. Select Country

50. City:
52. Select State

53. Postal Code:

BENEFICIARY'S INFORMATION

54. Business Name (if applicable):
55. Last Name:
58. Street Address:
60. Select Country

57. Middle Name:

56. First Name:
59. City:
61. Select State

62. Postal Code:

63. DETAILED EXPLANATION OF THE TRANSACTION, INCLUDING THE PURPOSE OF THE PAYMENT (Additional space provided on next page.)

Page 2 of 3

Total Barcode Characters: 186

OMB No. 1505-0170

APPLICATION FOR THE RELEASE OF BLOCKED FUNDS (cont'd)
64. DETAILED EXPLANATION OF THE TRANSACTION (cont'd)

65. APPLICANT CERTIFICATION: I, THE UNDERSIGNED, HEREBY DECLARE THAT, TO THE BEST OF MY KNOWLEDGE,THE INFORMATION
PROVIDED ON THIS APPLICATION AND ANY ACCOMPANYING DOCUMENTATION IS TRUTHFUL AND COMPLETE.
66. SIGNATURE:

(please provide handwritten signature on printed application)

68. SIGNATORY NAME:

67. DATE:

(please provide handwritten date)

69. SIGNATORY TITLE:

70. SIGNATORY E-MAIL:
Print Application

Total Barcode Characters: 26

Page 3 of 3

Total Barcode Characters: 27