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Banco De Venezuela Sa Banco Universal

On the SDN listEntityVENEZUELA-EO13850

Banco De Venezuela Sa Banco Universal (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: VENEZUELA-EO13850. Addresses on file in: Venezuela. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Venezuela has 53 entities, vessels or aircraft with an address on the SDN list. Other sanctioned entities with an address in Caracas, Distrito Federal are listed below.

Sanctions program

Venezuela: economic sectors (Executive Order 13850) VENEZUELA-EO13850

November 2018 order that allows sanctions on those operating in sectors of Venezuela's economy such as gold and oil, or involved in corruption with the Government of Venezuela.

Also known as

  • BANCO DE VENEZUELA, S.A.C.A. · aka
  • BANCO DE VENEZUELA SA, BANCO UNIVERSAL · aka
  • BANCO DE VENEZUELA · aka
  • BANCO DE VENEZUELA, S.A. · fka

Addresses on file

  • Av Universidad Esq. de Sociedad, Torre Banco de Venezuela, Caracas, Distrito Federal, Venezuela

OFAC remarks

SWIFT/BIC VZLAVECA; National ID No. G200099976 (Venezuela); Linked To: BANCO DE DESARROLLO ECONOMICO Y SOCIAL DE VENEZUELA.

Other sanctioned entities in Caracas, Distrito Federal

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

Frequently asked questions

What does it mean that Banco De Venezuela Sa Banco Universal 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 Banco De Venezuela Sa Banco Universal?

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.