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The funds of a client have been frozen by a financial institution.

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The funds of a client have been frozen by a financial institution. Subject to the Office of Foreign Assets Control's (OFAC's) regulations, the best course of action for the client to take would be to:

A.

initiate a new transaction using a different currency from the blocked account.

B.

contact the financial institution that has blocked the funds and request a refund.

C.

inform the local regulatory authority that the funds have been blocked.

D.

apply for a specific license through the OFAC website.

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