GroundRules
31 CFR 535.569: Licensed letter of credit transactions; forwarding of documents.
Where this section sits in the code
- Title 31—Money and Finance: Treasury
- Subtitle B—Regulations Relating to Money and Finance
- CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY
- PART 535—IRANIAN ASSETS CONTROL REGULATIONS
- Subpart E—Licenses, Authorizations and Statements of Licensing Policy
When payment of a letter of credit issued, advised, or confirmed by a bank subject to the jurisdiction of the United States is authorized by either general or specific license, the forwarding of the letter of credit documents to the account party is authorized.
Collected 2026-08-27T02:25:25Z. Source file · JSON