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Tose-E Melli Group Investment Company

On the SDN listEntitySDGTIFSR

Tose-E Melli Group Investment Company (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Programs: SDGT, IFSR. 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 15116 are listed below.

Sanctions programs

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.

Also known as

  • BANK MELLI IRAN INVESTMENT COMPANY · fka
  • IRAN MELLI BANK INVESTMENT COMPANY · aka
  • NATIONAL DEVELOPMENT AND INVESTMENT GROUP · aka
  • TOSE-E MELLI GROUP INVESTMENT COMPANY PUBLIC SHAREHOLDING COMPANY · aka
  • TOSEE MELLI GROUP INVESTMENT COMPANY · aka

Addresses on file

  • 2 Nader Alley, After Dr Vali e Asr Avenue, Tehran 15116, Iran
  • PO Box 15875-3898, Iran
  • Building 89, Khoddami Street, Vanak, Tehran 53158753898, Iran
  • Number 89, Shahid Khodami Street, After Kurdistan Bridge, Vanak Square, Iran
  • Vank Square, Shahid Khademi Street, after Kurdistan Bridge, No. 89, Tehran 1958698856, Iran

OFAC remarks

Website www.bmiic.ir; alt. Website www.en.tmgic.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. 10101339590 (Iran); Registration Number 89584 (Iran); a.k.a. 'TMGIC'; Linked To: BANK MELLI IRAN.

Frequently asked questions

What does it mean that Tose-E Melli Group Investment Company 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 Tose-E Melli Group Investment Company?

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.