31 CFR § 562.505 - Entries in certain accounts for normal service charges authorized.

---
identifier: "/us/cfr/t31/s562.505"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 562.505 - Entries in certain accounts for normal service charges authorized."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "562.505"
section_name: "Entries in certain accounts for normal service charges authorized."
chapter_name: "OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY"
part_number: "562"
part_name: "IRANIAN SECTOR AND HUMAN RIGHTS ABUSES 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; 18 U.S.C. 2332d; 22 U.S.C. 8501-8551; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332; E.O. 13553, 75 FR 60567, 3 CFR, 2010 Comp., p. 253; E.O. 13871, 84 FR 20761, 3 CFR, 2019 Comp., p. 308."
regulatory_source: "76 FR 7695, Feb. 11, 2011, unless otherwise noted."
cfr_part: "562"
---


# 562.505 Entries in certain accounts for normal service charges authorized.

(a) A U.S. financial institution is authorized to debit any blocked account held at that financial institution in payment or reimbursement for normal service charges owed it by the owner of that blocked account.

(b) As used in this section, the term *normal service charges* shall include charges in payment or reimbursement for interest due; cable, telegraph, Internet, or telephone charges; postage costs; custody fees; small adjustment charges to correct bookkeeping errors; and, but not by way of limitation, minimum balance charges, notary and protest fees, and charges for reference books, photocopies, credit reports, transcripts of statements, registered mail, insurance, stationery and supplies, and other similar items.