What does OFAC do?

The Office of Foreign Assets Control (OFAC) is a department of the U.S. Treasury that is charged with enforcing economic and trade sanctions imposed by the U.S. against countries and groups of individuals. Sanctions have been imposed on those involved in foreign aggression, terrorist activities, and narcotics sales, among other acts.

Who does OFAC target?

How do OFAC sanctions work? OFAC sanctions targeted countries as well as individuals and companies owned, controlled or acting on behalf of certain countries but can also target individuals, groups, and entities, such as terrorists and narcotics traffickers, that are not specific to a country.

How do I contact OFAC?

For assistance with OFAC data or requirements, please contact the Office of Foreign Asset Control (OFAC). If you find a match or are in doubt about a specific account or transaction or you need additional information, contact OFAC's Compliance Hotline at 800-540-6322.

Who is on the OFAC list?

The countries that are currently sanctioned are Syria, Liberia, Burma, Côte D'Ivoire (also known as Ivory Coast), Belarus, North Korea, Cuba, Democratic Republic of Congo, Sudan, Balkans, Iran, Iraq, Liberia, and Zimbabwe. This list is updated regularly and can be viewed on the US Government’s official website. What is OFAC?