31 CFR § 555.410 - Setoffs prohibited.

---
identifier: "/us/cfr/t31/s555.410"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 555.410 - Setoffs prohibited."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "555.410"
section_name: "Setoffs prohibited."
chapter_name: "OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY"
part_number: "555"
part_name: "MALI 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; 22 U.S.C. 287c; 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. 13882, 84 FR 37055, 3 CFR, 2019 Comp., p. 346."
regulatory_source: "88 FR 52028, Aug. 7, 2023, unless otherwise noted."
cfr_part: "555"
---


# 555.410 Setoffs prohibited.

A setoff against blocked property (including a blocked account), whether by a U.S. financial institution or other U.S. person, is a prohibited transfer under § 555.201 if effected after the effective date.