Do you get interest on the frozen money?

soumitss

Member
May 1, 2025
166
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16
Has anyone successfully recovered funds that were blocked for an extended period? Do you get interest on the frozen money?
 

hydrogenn

Member
May 1, 2025
159
0
16
Recovery is possible but the process is lengthy and there's no guarantee of interest. When OFAC blocks funds, they're typically held in an interest-bearing account at the financial institution, but whether you receive that interest depends on several factors. If funds were blocked in error and you successfully demonstrate that, you should receive both principal and accumulated interest. However, if funds were legitimately blocked due to sanctions compliance and later released through a license, interest treatment varies based on the license terms. The timeline for recovery after getting OFAC approval can still be weeks or months as banks complete their own due diligence. I researched recovery procedures on ofacblockedfundslawyers.com and found cases where interest was paid and others where it wasn't. Document the blocking date and all communications carefully. Submit a complete unblocking request with thorough supporting documentation to minimize delays.