31 CFR § 544.409 - Credit extended and cards issued by U.S. financial institutions.

---
identifier: "/us/cfr/t31/s544.409"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 544.409 - Credit extended and cards issued by U.S. financial institutions."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "544.409"
section_name: "Credit extended and cards issued by U.S. financial institutions."
chapter_name: "OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY"
part_number: "544"
part_name: "WEAPONS OF MASS DESTRUCTION PROLIFERATORS SANCTIONS REGULATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601  1701  Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12938, 59 FR 59099, 3 CFR, 1994 Comp., p. 950; E.O. 13094, 63 FR 40803, 3 CFR, 1998 Comp., p. 200; E.O. 13382, 70 FR 38567, 3 CFR, 2005 Comp., p. 170."
regulatory_source: "74 FR 16773, Apr. 13, 2009, unless otherwise noted."
cfr_part: "544"
---


# 544.409 Credit extended and cards issued by U.S. financial institutions.

The prohibition in § 544.201 on dealing in property subject to that section prohibits U.S. financial institutions from performing under any existing credit agreements, including, but not limited to, charge cards, debit cards, or other credit facilities issued by a U.S. financial institution to a person whose property and interests in property are blocked pursuant to § 544.201(a).