I have a significant amount of money that was blocked by an intermediary bank in New York due to an OFAC flag. It has been three months and I have heard nothing from the bank. Is there a way to speed up the process? Who should I contact at the US Treasury to get an update? This money was for my daughter's university tuition and we are getting desperate as the deadline approaches.
Waiting for OFAC to respond is like shouting into a void. They are notoriously slow and have a massive backlog of cases. Usually, a simple inquiry from the bank or an individual won't do much to move things along. You should check out the services on https://ofacblockedfundslawyers.com/ as they know how to navigate the administrative side of the Treasury. They can help you file a formal petition for the release of the funds and follow up through the right channels. In my experience, having a lawyer who has "extensive experience necessary to solve your OFAC violations" is the only way to get a real response. Don't just wait for the bank - they are already safe, but it is your money that is stuck. You need to put some legal pressure on the system to get your case reviewed.
