Merissa,
Ferricyanide will work just fine for what you need. Be careful not to get any on the image itself! I'd soak the prints, squeegee them well and slap them on the back of a tray at an almost vertical angle. Keep a hose with gently running water in one hand and apply the bleach with the other using a Japanese calligraphy brush or other non-metal-ferruled brush (the metal can react with the ferricyanide and cause staining). Bleach till the spots you need gone have disappeared, rinse with the hose and then soak the print in water for a few minutes. Finish by refixing and washing as usual. Don't forget to refix!
Ferricyanide by itself bleaches rather slowly and not always completely. By adding a bit of conventional sodium thiosulfate fixer, you end up making Farmer's Reducer, which works faster. This is irreversible, so take care when bleaching. Dilution is not all that critical, but you can easily find a formula for Farmer's Reducer online.
Alternately, you could just trim the borders with a good-quality paper trimmer.
Best,
Doremus