Persia International Bank Plc

On the SDN listEntitySDGTIFSR

Persia International Bank Plc (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: United Kingdom, United Arab Emirates. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

United Kingdom has 118 entities, vessels or aircraft with an address on the SDN list, ranking #14 among all countries. Other sanctioned entities with an address in London 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.

Addresses on file

6 Lothbury, EC2R 7HH, London, United Kingdom
PO Box 119871, No 209, 2nd Floor, Tower II, Al Fattan Currency House, Dubai International Financial Centre, Dubai, United Arab Emirates

OFAC remarks

SWIFT/BIC PIBPGB2L; Website www.persiabank.co.uk; Additional Sanctions Information - Subject to Secondary Sanctions; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Registration Number 4218020 (United Kingdom); All Offices Worldwide; Linked To: BANK MELLAT.

Other sanctioned entities in London

Etco International Commodities Ltd. · Entity · CUBA
T.M.G. Engineering Limited · Entity · IRAQ2
Technology And Development Group Ltd · Entity · IRAQ2
Melli Bank Plc · Entity · SDGT, IFSR
Bank Sepah International Plc · Entity · NPWMD, IFSR
Jammal Trust Bank S.A.L. · Entity · SDGT
Good Siblings Ltd · Entity · DPRK4
Always Smooth Ltd · Entity · DPRK4

Sharing a city does not imply any link between these entities.

Frequently asked questions

What does it mean that Persia International Bank Plc 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 Persia International Bank Plc?

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.