Bank Saderat Plc

On the SDN listEntityIRANSDGTIFSR

Bank Saderat Plc (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: United Kingdom, Iran. 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 Ec2r 7hd 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

IRAN OVERSEAS INVESTMENT BANK PLC · fka
IRAN OVERSEAS INVESTMENT CORPORATION LIMITED · fka
IRAN OVERSEAS INVESTMENT BANK LIMITED · fka

Addresses on file

5 Lothbury, London EC2R 7HD, United Kingdom
PO Box 15175/584, 6th Floor, Sadaf Bldg, 1137 Vali Asr Ave, Tehran 15119-43885, Iran

OFAC remarks

Additional Sanctions Information - Subject to Secondary Sanctions; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; UK Company Number 01126618 (United Kingdom); all offices worldwide.

Other sanctioned entities in London Ec2r 7hd

Bank Saderat Iran · Entity · IRAN, SDGT, IFSR

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

Frequently asked questions

What does it mean that Bank Saderat 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 Bank Saderat 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.