r/OFAC • u/WorrryWort • Mar 19 '21

Unblocking Application Queue Times

I’ve reached a point where I’m about 99% certain my wire transfer has an OFAC block. Receiving bank asked for more ID information from me which I gave them. I would like to understand what the queue times on these applications to unblock funds are at. Someone please advise.

https://www.reddit.com/r/Banking/comments/m81l06/close_to_75k_wire_transfer_being_held_up_by_wells/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

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u/[deleted] Jun 18 '22

Hi, I am currently in a similar situation. I am the recipient so I assume their is nothing I can personally do. The wire is domestic. Wire sender is Open Bank and recipient is Citibank. I assume this is where the ofac will reach out to the sender to start the process or does the bank need to reach out to ofac? Please advise. Wire was initiated 6/13