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Credit unions must report blocked or rejected transactions within __________ business days from the date that property becomes blocked or the transaction is rejected. a. 14 business days b. 30 calendar days c. 10 business days d. The date that the property is blocked/transaction is rejected. - THE CORRECT ANSWER IS C Blocked and rejected transactions must be reported to OFAC within 10 business days from the date that property becomes blocked or the transaction is rejected. True or false. All financial institutions must file an annual report of blocked property. - FALSE All holders of blocked property must file a comprehensive annual report on blocked property held as of June 30 by September 30 each year. There's no need to file the annual report if the credit union isn't holding any blocked property.