Sina Bank

On the SDN listEntityIRANSDGTIFSRIRAN-EO13876

Sina Bank (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Programs: IRAN, SDGT, IFSR, IRAN-EO13876. Addresses on file in: Iran. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Iran has 981 entities, vessels or aircraft with an address on the SDN list, ranking #2 among all countries. Other sanctioned entities with an address in Tehran 15888-6457 are listed below.

Sanctions programs

Iran (Iranian Transactions and Sanctions Regulations) IRAN

Broad sanctions against Iran. They cover the Government of Iran and entities it owns or controls, and prohibit, unless authorized, nearly all trade by U.S. persons with Iran.

Specially Designated Global Terrorists (SDGT) SDGT

Counterterrorism program based on Executive Order 13224, signed after the September 2001 attacks. It blocks the property of persons and organizations that commit or support terrorist acts, and of those who provide them with services or financing.

Iranian Financial Sanctions Regulations (IFSR) IFSR

This tag means the entity is subject to the Iranian Financial Sanctions Regulations. A foreign financial institution that conducts or facilitates significant transactions for it can lose access to the U.S. financial system.

Iran: Supreme Leader (Executive Order 13876) IRAN-EO13876

June 2019 order that sanctions Iran's Supreme Leader, his office and those he appoints or who act on his behalf.

Also known as

SINA FINANCE AND CREDIT INSTITUTE · aka
SINA BANK COMPANY · aka
BANQUE SINA BONYAD FINANCE AND CREDIT COMPANY · aka
SINA FINANCE AND CREDIT COMPANY · aka
BANK SINA · aka

Addresses on file

Between Miremad Street and Mofateh Street, Motahari Avenue, Tehran 15888-6457, Iran
No. 238, Ostad Motahari Avenue, District 6, Tehran, Tehran Province 1588864571, Iran
Near by Mofateh Street, No. 187, Ostad Mothari Street, Tehran 1587998411, Iran
187 Motahri Avenue, Tehran 1587998411, Iran
No. 187, Ostad Mottahari St., Tehran, Iran
187 Motahhari Ave, Tehran 1587998411, Iran

OFAC remarks

SWIFT/BIC SINAIRTH; Website www.sinabank.ir; Additional Sanctions Information - Subject to Secondary Sanctions; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; National ID No. 10860246171 (Iran); Registration Number 2904 (Iran); a.k.a. 'BFCC'; a.k.a. 'SFCC'; Linked To: ANDISHEH MEHVARAN INVESTMENT COMPANY; Linked To: ISLAMIC REVOLUTION MOSTAZAFAN FOUNDATION.

Frequently asked questions

What does it mean that Sina Bank is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Sina Bank?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.