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31 CFR 540.504 : Money And Finance: Treasury (Subtitle A To Parts 1061-1099) — (Part 500 To Parts 1061-1099) — Regulations Relating To Money And Finance (Continued) (Part 500 To Parts 1061-1099) — Office Of Foreign Assets Control, Department Of The Treasury (Part 500 To Appendix A To Chapter V) — Highly Enriched Uranium (Heu) Agreement Assets Control Regulations (§ 540.101 To § 540.901) — Licenses, Authorizations, And Statements Of Licensing Policy (§ 540.500 To § 540.504) — Entries in certain accounts for normal service charges authorized.

29 Mar 2016

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

(b) As used in this section, the term normal service charge 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.

31 CFR 540.504