pensacola, escambia county, northwest, florida land for sale: 1 - 15 of 950 listings
Banks must block transactions that: 1  Are by or on behalf of a blocked individual or entity; 2  Are to or go through a blocked entity; or. 3  Are in connection with a transaction in which a blocked individual or entity has an interest.
In some cases, an underlying transaction may be prohibited, but there is no blockable interest in the transaction (i.e., the transaction should not be accepted, but there is no OFAC requirement to block the assets). In these cases, the transaction is simply rejected, (i.e., not processed).