31 CFR § 597.507 - Travel, employment, residence and maintenance transactions with the Palestinian Authority.
---
identifier: "/us/cfr/t31/s597.507"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 597.507 - Travel, employment, residence and maintenance transactions with the Palestinian Authority."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "597.507"
section_name: "Travel, employment, residence and maintenance transactions with the Palestinian Authority."
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"
---
# 597.507 Travel, employment, residence and maintenance transactions with the Palestinian Authority.
(a) Effective April 12, 2006, U.S. financial institutions are authorized to engage in all transactions that are ordinarily incident to U.S. persons' travel to or from, or employment, residence or personal maintenance within, the jurisdiction of the Palestinian Authority, including, but not limited to, receipt of salaries, payment of living expenses and acquisition of goods or services for personal use. Nothing in this license authorizes any debit to an account of the Palestinian Authority on the books of a U.S. financial institution or to any account blocked pursuant to this part.
(b) The retention and reporting provisions of § 597.201 shall not apply with respect to transactions authorized by paragraph (a) of this section.
[71 FR 27202, May 10, 2006]