Iran-related Designations; Cuba Designation; Issuance of New and Amended General Licenses and Frequently Asked Questions

Treasury Press Release: Operation Economic Outcast Targets Iranian Regime’s Abuse of Religious Charity Networks

Treasury Press Release: Operation Economic Outcast Targets Iran’s International Financial Networks and Shadow Banking Architecture

State Press Release: Sanctioning Cuban State-Owned Banco Internacional de Comercio, S.A. (BICSA)

Additions:

The following individuals have been added to OFAC’s SDN List:

OFAC Program: IRAN-EO13902  Executive Order 13902

ABDOLALIPUR, Azadeh

• AKA: ALIPUR, Azadeh
• Arabic: آزاده عبدالعلی پور
• Address: Iran
• DOB: 11 Sep 1988
• POB: Shiraz, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Female
• National ID No.: 2300151421 (Iran)
• Party Type: Individual
• Linked to: FARAB SOROUSH AFAGH QESHM COMPANY

Supplemental Information: One of seven employees of Farab Sorough Qeshm Company (FSAQ), an affiliate of Iran’s Shahr Bank, designated for involvement in foreign exchange operations linked to FSAQ. FSAQ relies on foreign exchange experts to process transactions for Iran’s leading oil sales companies, coordinating them through shell companies in Hong Kong and the UAE. Designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, FSAQ.

ALLAHYAR, Farzad

• Arabic: فرزاد الهیار
• Address: Iran
• DOB: 12 Aug 2001
• POB: Tehran, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Male
• National ID No.: 0024557455 (Iran)
• Party Type: Individual
• Linked to: FARAB SOROUSH AFAGH QESHM COMPANY

Supplemental Information: One of seven employees of Farab Sorough Qeshm Company (FSAQ), an affiliate of Iran’s Shahr Bank, designated for involvement in foreign exchange operations linked to FSAQ. FSAQ relies on foreign exchange experts to process transactions for Iran’s leading oil sales companies, coordinating them through shell companies in Hong Kong and the UAE. Designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, FSAQ.

BAVI, Sadegh

• Arabic: صادق باوی
• Address: Dubai, United Arab Emirates
• DOB: 21 Mar 1964
• POB: Ahvaz, Iran
• Nationality: Iran
• Alt. Nationality: Dominica
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Male
• Passport: N97128850 (Iran) expires 11 May 2027
• Alt. Passport: RA045652 (Dominica) expires 26 Sep 2032
• Party Type: Individual

Supplemental Information: Described by Treasury as a Dominican/Iranian national and an IRGC-Qods Force facilitator and money launderer who also assists in weapons purchases for Iran. Owner and general manager of Bavi General Trading Company LLC, previously designated by OFAC for helping coordinate payments for front companies operated by the Persian Gulf Petrochemical Industry Commercial Co. and Triliance Petrochemical Co. Ltd. Assists the rahbar financial activities of sanctioned Iranian banks alongside Seyyed Abbas Hosseini Parsa and Partners Qeshm General Partnership, and also owns and operates Bavi and Partners Exchange Company. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

BORJI, Nazanin

• Arabic: نازنین برجی
• Address: Iran
• DOB: 10 Jun 1996
• POB: Tehran, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Female
• National ID No.: 0019123337 (Iran)
• Party Type: Individual
• Linked to: FARAB SOROUSH AFAGH QESHM COMPANY

Supplemental Information: One of seven employees of Farab Sorough Qeshm Company (FSAQ), an affiliate of Iran’s Shahr Bank, designated for involvement in foreign exchange operations linked to FSAQ. FSAQ relies on foreign exchange experts to process transactions for Iran’s leading oil sales companies, coordinating them through shell companies in Hong Kong and the UAE. Designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, FSAQ.

HOSSEINI PARSA, Seyyed Abbas

• Arabic: سید عباس حسینی پارسا
• Address: Iran
• DOB: 15 Jul 1956
• POB: Tehran, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Male
• National ID No.: 0083131019 (Iran)
• Party Type: Individual
• Linked to: SEYYED ABBAS HOSSEINI PARSA AND PARTNERS QESHM GENERAL PARTNERSHIP COMPANY

Supplemental Information: Co-owner and operator, with Khaled Mohiesnejad, of the Iran-based exchange house Seyyed Abbas Hosseini Parsa and Partners Qeshm General Partnership (Hosseini Parsa Exchange), which assists the rahbar financial activities of sanctioned Iranian banks. Designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, Hosseini Parsa Exchange.

JALALI, Abolhasan

• Arabic: ابوالحسن جلالی
• Address: Iran
• DOB: 01 Sep 1966
• POB: Maragheh, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Male
• National ID No.: 1550929674 (Iran)
• Party Type: Individual

Supplemental Information: Treasury’s release spells the name “Abolhassan Jalali.” Co-owner and operator, with Ensiyeh Mullah Mohammadi, of the Iran-based exchange house Abolhasan Jalali and Partners Exchange Company (Jalali Exchange), which has facilitated tens of millions of dollars’ worth of payments for Iran’s shadow banking networks and sanctioned rahbar entities. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

KATEBI, Milad

• Arabic: میلاد کاتبی
• Address: Iran
• DOB: 31 Dec 1989
• POB: Tehran, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Male
• National ID No.: 0011436913 (Iran)
• Party Type: Individual
• Linked to: FARAB SOROUSH AFAGH QESHM COMPANY

Supplemental Information: One of seven employees of Farab Sorough Qeshm Company (FSAQ), an affiliate of Iran’s Shahr Bank, designated for involvement in foreign exchange operations linked to FSAQ. FSAQ relies on foreign exchange experts to process transactions for Iran’s leading oil sales companies, coordinating them through shell companies in Hong Kong and the UAE. Designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, FSAQ.

MIRMOHAMMADI, Mansureh

• Arabic: منصوره میرمحمدی
• Address: Iran
• DOB: 13 May 1982
• POB: Golpayegan, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Female
• National ID No.: 1219437239 (Iran)
• Party Type: Individual
• Linked to: SOHEIL AND SORUSH NAJAFZADEH AND PARTNERS COMPANY

Supplemental Information: Co-owner and operator, with Sorush Najafzadeh and Soheil Najafzadeh, of the Iran-based exchange house Soheil and Sorush Najafzadeh and Partners Company (Najafzadeh Exchange). Designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, Najafzadeh Exchange.

MOHAMMADI, Zhila

• AKA:
  • MOHAMADI, Jela
  • MOHAMMADI ALIABAD, Zhila (Arabic: ژیلا محمدی علی آباد)
• Arabic: ژیلا محمدی
• Address: Iran
• DOB: 28 Jun 1991
• POB: Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Female
• National ID No.: 5660004288 (Iran)
• Party Type: Individual
• Linked to: FARAB SOROUSH AFAGH QESHM COMPANY

Supplemental Information: One of seven employees of Farab Sorough Qeshm Company (FSAQ), an affiliate of Iran’s Shahr Bank, designated for involvement in foreign exchange operations linked to FSAQ. FSAQ relies on foreign exchange experts to process transactions for Iran’s leading oil sales companies, coordinating them through shell companies in Hong Kong and the UAE. Designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, FSAQ.

MOHIESNEJAD, Khaled

• Arabic: خالد محیسن نژاد
• Address: Iran
• DOB: 21 Sep 1982
• POB: Ahvaz, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Male
• National ID No.: 1754430317 (Iran)
• Party Type: Individual
• Linked to: SEYYED ABBAS HOSSEINI PARSA AND PARTNERS QESHM GENERAL PARTNERSHIP COMPANY

Supplemental Information: Co-owner and operator, with Seyyed Abbas Hosseini Parsa, of the Iran-based exchange house Seyyed Abbas Hosseini Parsa and Partners Qeshm General Partnership (Hosseini Parsa Exchange), which assists the rahbar financial activities of sanctioned Iranian banks. Designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, Hosseini Parsa Exchange.

MULLAH MOHAMMADI, Ensiyeh

• Arabic: انسیه ملامحمدی
• Address: Iran
• DOB: 18 May 1976
• POB: Qom, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Female
• National ID No.: 0381750760 (Iran)
• Party Type: Individual

Supplemental Information: Co-owner and operator, with Abolhassan Jalali, of the Iran-based exchange house Abolhasan Jalali and Partners Exchange Company (Jalali Exchange), which has facilitated tens of millions of dollars’ worth of payments for Iran’s shadow banking networks and sanctioned rahbar entities. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

NAJAFZADEH, Soheil

• AKA: NAJAFZADEH, Suhail
• Arabic: سهیل نجف زاده
• Address: Iran
• DOB: 12 Apr 1976
• POB: Tehran, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Male
• National ID No.: 0069004250 (Iran)
• Party Type: Individual

Supplemental Information: Co-owner and operator, with Sorush Najafzadeh and Mansureh Mirmohammadi, of the Iran-based exchange house Soheil and Sorush Najafzadeh and Partners Company (Najafzadeh Exchange), which has processed hundreds of millions of dollars’ worth of transactions for Iranian financial institutions, including entities linked to Bank Mellat and its rahbar, Tejarat Sarir Afrooz Kish. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

NAJAFZADEH, Sorush

• AKA: NAJAFZADEH, Sorosh
• Arabic: سروش نجف زاده
• Address: Iran
• DOB: 27 Aug 1982
• POB: Tehran, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Male
• National ID No.: 0069940177 (Iran)
• Party Type: Individual

Supplemental Information: Co-owner and operator, with Soheil Najafzadeh and Mansureh Mirmohammadi, of the Iran-based exchange house Soheil and Sorush Najafzadeh and Partners Company (Najafzadeh Exchange), which has processed hundreds of millions of dollars’ worth of transactions for Iranian financial institutions, including entities linked to Bank Mellat and its rahbar, Tejarat Sarir Afrooz Kish. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

RAZAVI, Sayyed Ruhollah

• AKA:
  • RAZAVI, Rouhollah
  • RAZAVI, Ruhollah
  • ROOHULLAH RAZAVI, Seyed
• Arabic: سید روح اله رضوی
• Address:
  • Iran
  • Dubai, United Arab Emirates
• DOB: 19 Sep 1981
• POB: Qom, Iran
• Nationality: Iran
• Citizen: Dominica
• Alt. Citizen: Turkey
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Male
• National ID No.: 0381818969 (Iran)
• Party Type: Individual

Supplemental Information: Described by Treasury as son-in-law of the leader of Iran’s hardline Paydari Front and one of the top oil trustees on whom the Iranian regime relies to sell oil and repatriate the revenue. Based in Dubai as one of Iran’s top oil intermediaries, he has worked with Seyed Naiemaei Badroddin Moosavi, a Hizballah financier and IRGC-Qods Force facilitator designated on April 15, 2026. Before the U.S. blockade on Iranian oil exports, he shipped millions of barrels of oil overseas each month on behalf of the National Iranian Oil Company and its subsidiary Naftiran Intertrade Company, and moved the proceeds through Iran’s clandestine banking system of shell companies and cash and gold couriers. He also manages the Iran-based companies Tejarat Gostar Atlas Parsian Kish Company and Farzanegan Energy Pars Company. Designated pursuant to E.O. 13902 for operating in the petroleum sector of the Iranian economy.

SABETI, Amir

• Arabic: امیر ثابتی
• Address: Iran
• DOB: 30 Aug 1981
• POB: Shemiran, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Male
• National ID No.: 0451397711 (Iran)
• Party Type: Individual
• Linked to: FARAB SOROUSH AFAGH QESHM COMPANY

Supplemental Information: One of seven employees of Farab Sorough Qeshm Company (FSAQ), an affiliate of Iran’s Shahr Bank, designated for involvement in foreign exchange operations linked to FSAQ. FSAQ relies on foreign exchange experts to process transactions for Iran’s leading oil sales companies, coordinating them through shell companies in Hong Kong and the UAE. Designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, FSAQ.

VASIGHI MERAJI, Fatemeh

• AKA: VASIGHI, Fatemeh
• Arabic: فاطمه وثیقی معراجی
• Address: Iran
• DOB: 21 Aug 1987
• POB: Qom, Iran
• Nationality: Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Gender: Female
• National ID No.: 0386128804 (Iran)
• Party Type: Individual
• Linked to: FARAB SOROUSH AFAGH QESHM COMPANY

Supplemental Information: One of seven employees of Farab Sorough Qeshm Company (FSAQ), an affiliate of Iran’s Shahr Bank, designated for involvement in foreign exchange operations linked to FSAQ. FSAQ relies on foreign exchange experts to process transactions for Iran’s leading oil sales companies, coordinating them through shell companies in Hong Kong and the UAE. Designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, FSAQ. Treasury’s release spells the surname “Vasighi Meraji.”

The following entities have been added to OFAC’s SDN List:

OFAC Program: IRAN-EO13902  Executive Order 13902

ABOLHASAN JALALI AND PARTNERS EXCHANGE COMPANY

• AKA: JALALI AND PARTNERS GENERAL PARTNERSHIP COMPANY
• Arabic: شرکت صرافی ابوالحسن جلالی و شرکا
• Address: Ground Floor, Salarieh Commercial Complex, No. 0, Mohammad Amin Boulevard, Iran Marinos Street, Salarieh, Qom, Central District, Qom Province 3716975454, Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Organization Established Date: 04 May 2016
• Organization Type: Other monetary intermediation
• National ID No.: 14005814280 (Iran)
• Registration Number: 14150 (Iran)

Supplemental Information: Iran-based exchange house (Jalali Exchange), owned and operated by Iranian nationals Abolhassan Jalali and Ensiyeh Mullah Mohammadi, which has facilitated tens of millions of dollars’ worth of payments for Iran’s shadow banking networks and sanctioned rahbar entities. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

BAVI AND PARTNERS EXCHANGE COMPANY

• Arabic: شرکت صرافی باوی و شرکاء
• Address: Unit 3, Floor 2, No. 114, Karim Khan Zand Boulevard, Mahshahr Street, Iranshahr, Tehran 1584773815, Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Organization Established Date: 18 Nov 2024
• Organization Type: Other monetary intermediation
• National ID No.: 14013961908 (Iran)
• Registration Number: 641804 (Iran)

Supplemental Information: Iran-based currency exchange house owned and operated by Sadegh Bavi, an IRGC-Qods Force facilitator and money launderer. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

CHABAHAR INTERNATIONAL BANK OVERSEAS COMPANY

• Arabic: شرکت بانک بین المللی چابهار برون مرزی
• Address: Unit 173, Second Floor, Booth 303, Salehyar Complex, No. 0, Vahdat Street, Imam Khomeini Boulevard, Free Zone Neighborhood, Central District, Chabahar Country, Chabahar City, Sistan and Baluchestan Province 9971768361, Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Organization Established Date: 17 Jan 2022
• Target Type: Financial Institution
• National ID No.: 14010705831 (Iran)
• Registration Number: 4060 (Iran)

Supplemental Information: Iranian “offshore” bank affiliated with Bank Shahr. Iran has authorized such banks to operate in free trade zones, approved by the Central Bank of Iran and the Supreme National Security Council to conduct operations in foreign currency to aid sanctions evasion schemes. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

ELITESPHERE TRADING CO., LIMITED

• Address:
  • Rm 9042, 9/F, Block B, Chung Mei Centre, 15-17 Hong Yip Street, Kwun Tong, Hong Kong, China
  • Unit 11, 9/F, The Cloud, No. 111 Tuang Chau Street, Tai Koktsui, Kowloon, Hong Kong, China
• Organization Established Date: 20 Aug 2024
• Business Registration Number: 76961842 (Hong Kong)

Supplemental Information: Hong Kong-based company used by Farab Sorough Qeshm Company (FSAQ) to move funds through its rahbar network of brokers and front companies in support of Iranian sanctions evasion. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

FARZANEGAN ENERGY PARS COMPANY

• Arabic: شرکت فرزانگان انرژی پارس
• Address: North Unit, First Floor, No. 14, Shahid Davoud Jahanbaksh Nejad Street, Farmanieh, Tajrish, Tehran 1957944813, Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Organization Established Date: 26 Oct 2015
• National ID No.: 14005314445 (Iran)
• Linked to: RAZAVI, Sayyed Ruhollah

Supplemental Information: Iran-based company managed by Sayyed Ruhollah Razavi and currently developing the Farzanegan Gas Condensate Refinery in Bushehr Province. Designated pursuant to E.O. 13902 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Razavi.

INTERNATIONAL DEVELOPMENT BANK FOR INVESTMENT AND FINANCE

• AKA:
  • IRAQ DEVELOPMENT BANK
  • "INTERNATIONAL DEVELOPMENT BANK"
• Arabic: مصرف التنمية الدولي للاستثمار والتمويل
• Address:
  • Arasat Ave, Karada, Baghdad, Iraq
  • Karrada, Hay Babil Dist. 929, Arasat Ave., St No. 21, Building 1, Baghdad 10069, Iraq
• SWIFT/BIC: IDBQIQBA
• Website: https://www.idb.iq
• Organization Established Date: 11 Jan 2011
• Target Type: Financial Institution
• Legal Entity Number: 2549001T72VRU0W37E62

Supplemental Information: Iraq-based bank that, per Treasury, provides financial facilitation services and U.S. dollar access for Iran. It abused its access to the now-dissolved U.S. dollar wire auction and maintains ties to Iranian government entities and Iran-aligned militia groups in Iraq. Established by Iranian companies to support the Iranian economy and supply Iran with U.S. dollars, it received the capital of U.S.-designated Bank Melli after Bank Melli closed its neighboring Iraq office due to U.S. sanctions, and sends profits back to Iran in U.S. dollars each month. Its current leadership received ownership from a dual-Iranian Iraqi financier working for the IRGC-Qods Force, who continues to exert influence over the bank through family relationships. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

JAZIREH INTERNATIONAL BANK COMPANY

• AKA: BANK-E BEINAMELALI JAZIREH
• Arabic: بانک بین المللی جزیره
• Address:
  • Ground Floor, NBO-9, No. 0, Andisheh Boulevard, Sanai Boulevard, Bank Complex, Kish District, Bandar-e Lengeh County, Kish, Hormozgan 7941773662, Iran
  • Kish, Hormozgan, Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Organization Established Date: 03 Jan 2022
• Target Type: Financial Institution
• National ID No.: 14010665053 (Iran)
• Registration Number: 14485 (Iran)

Supplemental Information: Iranian “offshore” bank affiliated with Bank Mellat. Iran has authorized such banks to operate in free trade zones, approved by the Central Bank of Iran and the Supreme National Security Council to conduct operations in foreign currency to aid sanctions evasion schemes. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

SEYYED ABBAS HOSSEINI PARSA AND PARTNERS QESHM GENERAL PARTNERSHIP COMPANY

• Arabic: شرکت تضامنی سید عباس حسینی پارسا و شرکا قشم
• Address: Unit 2078, Ground Floor, Atta, Ferdowsi Qeshm Commercial Complex Passage, No. 0, Vali Asr Boulevard, Main Street, Sina Desert, Central District, Qeshm, Hormozgan 7951919639, Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Organization Established Date: 14 Jun 2016
• Organization Type: Other monetary intermediation
• National ID No.: 14005927381 (Iran)
• Registration Number: 5549 (Iran)

Supplemental Information: Iran-based exchange house (Hosseini Parsa Exchange), owned and operated by Iranian nationals Seyyed Abbas Hosseini Parsa and Khaled Mohiesnejad, that assists the rahbar financial activities of sanctioned Iranian banks alongside Sadegh Bavi. It has a close relationship with Bavi General Trading Company LLC, which has used its official documents and letterhead to carry out its own business operations. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

SOHEIL AND SORUSH NAJAFZADEH AND PARTNERS COMPANY

• Arabic: شرکت سهیل و سروش نجف زاده و شرکا
• Address: Ground Floor, No. 149, Sarv Sharghi Boulevard, Majd Street, Saadat Abad, Tehran, Central District, Tehran 1998644341, Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Organization Established Date: 07 Apr 2015
• Organization Type: Other monetary intermediation
• National ID No.: 14004832696 (Iran)
• Registration Number: 470601 (Iran)

Supplemental Information: Iran-based exchange house (Najafzadeh Exchange), owned and operated by Iranian nationals Sorush Najafzadeh, Soheil Najafzadeh and Mansureh Mirmohammadi, which has processed hundreds of millions of dollars’ worth of transactions for Iranian financial institutions, including entities linked to Bank Mellat and its rahbar, Tejarat Sarir Afrooz Kish. Designated pursuant to E.O. 13902 for operating in the financial sector of the Iranian economy.

TEJARAT GOSTAR ATLAS PARSIAN KISH COMPANY

• Arabic: شرکت تجارت گستراطلس پارسیان کیش
• Address: Unit 208, Second Floor, Plot EX20, Sepehr Building, Eghtesad Square, Iran Boulevard, Kish Industrial Phase 2, Kish, Hormozgan 7941658112, Iran
• Additional Sanctions Information: Subject to Secondary Sanctions
• Organization Established Date: 24 Feb 2015
• National ID No.: 14004757110 (Iran)
• Linked to: RAZAVI, Sayyed Ruhollah

Supplemental Information: Iran-based company managed by Sayyed Ruhollah Razavi. Designated pursuant to E.O. 13902 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Razavi.

OFAC Program: CUBA-EO14404  Executive Order 14404

BANCO INTERNACIONAL DE COMERCIO S.A.

• AKA: "BICSA"
• Address: Oficina 506, Edificio Santa Clara, Centro de Negocios Miramar, Calle 3 entre 76 y 78, Miramar, Playa, Havana, Cuba
• SWIFT/BIC: BIDCCUHH
• Organization Established Date: 23 Oct 1993
• Target Type: Financial Institution
• Alt. Target Type: State-Owned Enterprise
• Entity Code: 60290 (Cuba)

Supplemental Information: Cuban state-owned bank that, per State and Treasury, has provided services to Iran-based Karafarin Bank, which Treasury sanctioned under E.O. 13902 in 2020, since at least 2022. Designated by State pursuant to Section 2(a)(i)(A) of E.O. 14404 for operating in or having operated in the financial services sector of the Cuban economy, in concert with Treasury’s action on Iranian financial actors.