Last Updated: January 19, 2026
OMID SEPAH EXCHANGE COMPANY
Nationality
Iran; Iran; Iran
Address
1st Floor, No. 2, Emad Khorasani Dead End, Derakhti Street, Derakhti - (West) Qods Town, Tehran, 1468813111, Iran
Reg. ID
10102865943, National ID No.; 245956, Company Number; 411111396931, Registration Number
Official reason
Omid Sepah Exchange Company (Omid Sepah) and Hekmat Iranian Exchange & Foreign Currency Services Company (Hekmat Iranian) are Tehran-based currency exchange businesses controlled by U.S.-designated Bank Sepah that use foreign cover companies to engage in shadow banking transactions on behalf of the MODAFL Supply Division, in collaboration with Naji...
Other Information
https://home.treasury.gov/news/press-releases/jy2431
Date of listing
2024-06-25
Program information
Authority
US
Program
Iranian Financial Sanctions Regulations, 31 CFR part 561
Regime
OFAC country specific
Target State
Iran
Measures
Blocking Property, Suspending Entry, Trade sanctions
Sanctions Portfolio
• https://ofac.treasury.gov/faqs/topic/1551
Official Information
On August 16, 2010, OFAC issued the Iranian Financial Sanctions Regulations, 31 CFR part 561 (75 FR 49836, August 16, 2010) (IFSR) to implement provisions of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Pub. L. 111–195) (22 U.S.C. 8501–8551). Since then, OFAC has amended the IFSR several times.
Additional Details
SDN
Program URL
https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-561