Answer:
This is a risk management issue. All transactions are subject to OFAC. Most (if any) financial institutions do not check every transaction. I hate to offer a blanket comment that says something like "never worry about these types of transactions". I believe a sound answer would be largely dependent on your location(s), employee knowledge/turnover, the customer presenting the check, etc.
First published on BankersOnline.com 7/16/07