{"@context":"https://schema.org","@type":"DefinedTerm","name":"financial sanction","description":"Banks, freight forwarders, and exporters encounter financial sanctions as a daily compliance reality. Governments and international bodies — including the EU, the UN, and the US Treasury's OFAC — designate specific individuals, companies, or states and impose restrictions on all financial dealings with them. Typical measures include asset freezes, payment prohibitions, and blocked accounts. In international trade, financial sanctions directly affect letters of credit, bank guarantees, and wire t","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/financial-sanction","inLanguage":"en","dateModified":"2026-06-26T16:02:30.794291","citation":"https://www.sanctionsmap.eu/","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/financial-sanction","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"financial sanction · Banks, freight forwarders, and exporters encounter financial sanctions as a daily compliance reality. · Quelle: https://www.sanctionsmap.eu/"}