FAQ 1239: the Foreign Government Deposit Funds inbox

What's on the official record

24 July — FAQ 1239. OFAC FAQ 1239, Date Updated July 24, 2026, states that to obtain payment account information for payments to the Foreign Government Deposit Funds deposit account established consistent with Executive Order (E.O.) 14373, "Safeguarding Venezuelan Oil Revenue for the Good of the American and Venezuelan People," depositors must first email the official point of contact for the deposit account at DepositorInquiries@state.gov. The FAQ states that potential depositors that fail to contact this email inbox and provide the requested transaction details may have their deposits rejected.

The FAQ lists the transaction details a potential depositor should be prepared to provide: full legal names and addresses of the corporate depositor and all contract parties (with subsidiary information as applicable); a detailed description of the underlying contract or obligation, including the purpose and nature of the payment; the date of sale and copies of the corresponding invoices, contract numbers, and any relevant reference identifiers; the total payment amount, currency, and proposed payment dates; identification of the license authorizing the transaction; copies of any other transaction records to validate the deposit; and a primary point of contact for follow-up, including name, title, telephone number, and email address.

Once the Department of State has provided payment account information and the deposit has been made and accepted, the FAQ states the depositor will receive a confirmation email acknowledging the deposit.

The OFAC Recent Actions page for July 24, 2026 records that OFAC amended Venezuela-related FAQ 1239 on that date.

No action page was published for 18 August 2026.

Assessment

For a sanctions committee, the live instruction is the inbox-first path — account details for the Foreign Government Deposit Funds deposit account are obtained by emailing DepositorInquiries@state.gov with the transaction packet. The open questions are whether that inbox is the current point of contact and what packet the FAQ lists for the depositor.

For a country GM/CFO, an operating payment into that account may have its deposit rejected if the inbox step is skipped, because the FAQ states that potential depositors that fail to contact the email inbox and provide the requested transaction details may have their deposits rejected.

For a vendor/platform, calendar the inbox-first rule; do not treat account details as published on the FAQ page itself.

What would change this call

Forecast	Hit if	Miss if
FAQ 1239 (updated July 24, 2026) remains the live instruction for the Foreign Government Deposit Funds inbox	OFAC leaves FAQ 1239 as updated July 24, 2026 and does not replace the DepositorInquiries@state.gov path before the next pull	OFAC amends FAQ 1239 or replaces the DepositorInquiries@state.gov path before the next pull

What to check next

Open question	What it takes	Where that comes from
Does FAQ 1239 remain the live deposit-account instruction?	A pull of /faqs/1239 showing a Date Updated of July 24, 2026	https://ofac.treasury.gov/faqs/1239
Has the DepositorInquiries@state.gov path changed?	Amended FAQ 1239 text naming a different point of contact for the deposit account	https://ofac.treasury.gov/faqs/1239
Has OFAC issued a new Venezuela-related action touching the deposit instruction?	A recent-actions entry that names an amended Venezuela-related FAQ on the deposit account	https://ofac.treasury.gov/recent-actions

Confidence

High on the official-page reading. FAQ 1239 carries the deposit-account instruction verbatim, including the conditional "may have their deposits rejected" language. The July 24, 2026 Recent Actions page records that OFAC amended Venezuela-related FAQ 1239 on that date. No action page was published for 18 August 2026.

Sources

[1] OFAC, FAQ 1239, Date Updated July 24, 2026. https://ofac.treasury.gov/faqs/1239

[2] OFAC, Recent Actions, July 24, 2026 — Issuance of Amended Venezuela-related Frequently Asked Question. https://ofac.treasury.gov/recent-actions/20260724

[3] OFAC, Recent Actions index. https://ofac.treasury.gov/recent-actions