31 CFR § 588.407 - Payments from blocked accounts to satisfy obligations prohibited.

---
identifier: "/us/cfr/t31/s588.407"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 588.407 - Payments from blocked accounts to satisfy obligations prohibited."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "588.407"
section_name: "Payments from blocked accounts to satisfy obligations prohibited."
chapter_name: "OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY"
part_number: "588"
part_name: "WESTERN BALKANS STABILIZATION 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  22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13219, 66 FR 34777, 3 CFR, 2001 Comp., p. 778; E.O. 13304, 68 FR 32315, 3 CFR, 2004 Comp., p. 229; E.O. 14033, 86 FR 43905, 3 CFR, 2022 Comp., p. 591."
regulatory_source: "87 FR 58996, Sept. 29, 2022, unless otherwise noted."
cfr_part: "588"
---


# 588.407 Payments from blocked accounts to satisfy obligations prohibited.

Pursuant to § 588.201, no debits may be made to a blocked account to pay obligations to U.S. persons or other persons, except as authorized by or pursuant to this part.

*See also* § 588.502(e), which provides that no license or other authorization contained in or issued pursuant to this part authorizes transfers of or payments from blocked property or debits to blocked accounts unless the license or other authorization explicitly authorizes the transfer of or payment from blocked property or the debit to a blocked account.