31 CFR § 597.316 - Transaction.
---
identifier: "/us/cfr/t31/s597.316"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 597.316 - Transaction."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "597.316"
section_name: "Transaction."
chapter_name: "OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY"
part_number: "597"
part_name: "FOREIGN TERRORIST ORGANIZATIONS SANCTIONS REGULATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "8 U.S.C. 1189; 18 U.S.C. 2339B; 31 U.S.C. 321(b); Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note)."
regulatory_source: "62 FR 52495, Oct. 8, 1997, unless otherwise noted."
cfr_part: "597"
---
# 597.316 Transaction.
The term *transaction* shall have the meaning set forth in 18 U.S.C. 1956(c)(3), as from time to time amended. As of the effective date, this term includes a purchase, sale, loan, pledge, gift, transfer, delivery, or other disposition of any asset, and with respect to a financial institution includes a deposit, withdrawal, transfer between accounts, exchange of currency, loan, extension of credit, purchase or sale of any stock, bond, certificate of deposit, or other monetary instrument, use of a safe deposit box, or any other payment, transfer, or delivery by, through, or to a financial institution, by whatever means effected.