[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR540.504]



[Page 222]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

 

PART 540_HIGHLY ENRICHED URANIUM (HEU) AGREEMENT ASSETS CONTROL 

REGULATIONS--Table of Contents

 

 Subpart E_Licenses, Authorizations, and Statements of Licensing Policy

 

Sec. 540.504  Entries in certain accounts for normal service charges 

authorized.



    (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.