Blocked Transaction Notification Template
The three-document notification set for a blocked transaction.
How to use
How to use: three documents: the internal record, the counterparty notice, and the OFAC blocking report where required. Adapt the bracketed fields.
Internal record
Blocked transaction record
Reference: [ID] · Date: [Date] · Time: [UTC]
Counterparty: [wallet/name] · Match: [list, entry, type]
List version: [version] · Decision: BLOCKED
Reviewer: [Name] · Notes: [reasoning]
Counterparty notice
Notice of blocked transaction
Dear [Counterparty],
We are unable to complete transaction [ID] because it involves a party subject to U.S. sanctions. The funds/items remain blocked per our compliance obligations. [Contact for inquiries.]
Sincerely, [Company]
OFAC blocking report
OFAC requires blocking reports within 10 days of the block: counterparty details, transaction details, and the sanctions basis. File via OFAC's reporting channel with [Compliance Officer] sign-off.