Bank Melli Iran
Bank Melli Iran (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Programs: IRAN, SDGT, IFSR. Addresses on file in: Iran, France, Hong Kong, Iraq, Oman, United Arab Emirates, Germany, Azerbaijan, United Kingdom, United States. 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 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.
Also known as
- BANK MELLI · aka
- MELLI BANK · aka
- NATIONAL BANK OF IRAN · aka
Addresses on file
- Ferdowsi Avenue - PO Box 11365-171, Tehran, Iran
- 43 Avenue Montaigne, Paris 75008, France
- Room 704-6, Wheelock Hse, 20 Pedder St, Hong Kong
- Bank Melli Iran Bldg, 111 St 24, 929 Arasat, Baghdad, Iraq
- PO Box 2643, Ruwi, 112, Muscat, Oman
- PO Box 2656, Liva Street, Abu Dhabi, United Arab Emirates
- PO Box 248, Hamad Bin Abdulla St, Fujairah, United Arab Emirates
- PO Box 1888, Clock Tower, Industrial Rd, Al Ain Club Bldg, Al Ain, Abu Dhabi, United Arab Emirates
- PO Box 1894, Baniyas St, Deira, Dubai, United Arab Emirates
- PO Box 5270, Oman Street Al Nakheel, Ras Al-Khaimah, United Arab Emirates
- PO Box 459, Al Borj St, Sharjah, United Arab Emirates
- PO Box 3093, Ahmed Seddiqui Bldg, Khalid Bin El-Walid St, Bur-Dubai, Dubai, United Arab Emirates
- PO Box 1894, Al Wasl Rd, Jumeirah, Dubai, United Arab Emirates
- Postfach 112 129, Holzbruecke 2, 20421, Hamburg, Germany
- 23 Nobel Avenue, Baku, Azerbaijan
- Bank Melli Iran Building, Ferdowsi Avenue, Tehran 11365-144, Iran
- No. 136 Mirdamad Boulevard, Opposite Al-ghadir Mosque, Tehran, Iran
- Al Ashar Estiqlal Street - Hal Al Zohor, Basra, Iraq
- 98a Kensington High Street, London W8 4SG, United Kingdom
- 767 5th Ave, 44th Fl, New York, NY 10153, United States
- PO Box 1420, New York, NY 10153, United States
OFAC remarks
Website www.bmi.ir; Additional Sanctions Information - Subject to Secondary Sanctions; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; All Offices Worldwide; a.k.a. 'BMI'; Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE.
Other sanctioned entities in Tehran
- Bank Markazi Jomhouri Islami Iran · Entity · IRAN, SDGT, IRGC, IFSR
- Bank Maskan · Entity · IRAN, IRAN-EO13902
- Bank Refah Kargaran · Entity · IRAN, IRAN-EO13902
- Korea Mining Development Trading Corporation · Entity · NPWMD, DPRK2
- Aerospace Industries Organization · Entity · NPWMD, IFSR, IRAN-CON-ARMS-EO
- Shahid Hemmat Industrial Group · Entity · NPWMD, IFSR
- Shahid Bakeri Industrial Group · Entity · NPWMD, IFSR
- Sanam Industrial Group · Entity · NPWMD, IFSR
Sharing a city does not imply any link between these entities.
Frequently asked questions
What does it mean that Bank Melli Iran 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 Bank Melli Iran?
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.