Gral. Gomez #105 e/ Maceo e Independencia, Camaguey, Cuba; Calle 29 #5218 e/ 52 y 54 Edif. Cimex, Cienfuegos, Cuba; Libertad s/n, e/ Honorato del Castillo y Maceo, Ciego de Avila, Cuba; Calle 6 #408 esq. 3ra. Ave. Miramar Playa, La Habana, Cuba; Edif. Las Novedades altos Ave. Frank Pais e/ Segunda y Aven. Figueredo. Rpto. Jesus Menendez. Bayamo, Granma, Cuba; Crombet s/n e/ Los Maceos y Moncada, Guantanamo, Cuba; Frexes #216 e/ Maceo y Martires, Holguin, Cuba; Ave. 1ro. De Mayo s/n. Moa, Holguin, Cuba; Vicente Garcia #28 e/ Julian Santana y Francisco Vega, Tienda La Nueva, Las Tunas, Cuba; Calle 40 esq. Playa. Varadero, Matanzas, Cuba; Calle Ayuntamiento e/ Medio y Rio, Matanzas, Cuba; Gerardo Medina #633, Pinar del Rio, Cuba; Independencia #171 Sur, altos, Sancti Spiritus, Cuba; Felix Pena #565 e/ Jose A. Saco y Aguilera, Santiago de Cuba, Cuba; Carretera Central Km. 298 Banda Esperanza, Villa Clara, Cuba; Calle 39 e/ 30 y 32 Altos del Servi Cupet "El parque", Isla de la Juventud, Cuba

The U.S. Department of the Treasury today identified the electronic money transfer business, SERCUBA, as a national of Cuba. As we have seen, the Castro regime uses a variety of schemes and businesses located not only in Cuba, but also in countries around the world to feed its military and security infrastructure instead of the Cuban people. Today, we are financially isolating SERCUBA to make it more difficult for the Cuban regime to obtain the hard currency it uses to oppress its own people and to prop up its government, said Juan Carlos Zarate, Treasury's Assistant Secretary for Terrorist Financing and Financial Crime. SERCUBA provides a means by which U.S. persons can forward remittances to Cuban nationals via a third country or through SERCUBA's own website. SERCUBA has a call center in Havana and sixteen offices located in Cuba, along with two offices abroad one in Italy and one in Spain. The entity is organized under Cuban laws and is supported by Cimex, a Specially Designated National of Cuba. Persons subject to U.S. jurisdiction may not engage in any transactions with SERCUBA unless authorized by Treasury's Office of Foreign Assets Control (OFAC), and all property of SERCUBA that is in the possession of persons subject to U.S. jurisdiction is blocked.

https://home.treasury.gov/news/press-releases/js2057

2004-10-25

US

Cuban Assets Control Regulations, 31 C.F.R. part 515

OFAC country specific

Cuba

Other travel and financial restrictions, trade embargo

Persons subject to U.S. jurisdiction are prohibited from doing business or investing in Cuba unless authorized by OFAC. An OFAC general license authorizes, subject to certain conditions and limitations, the exportation from the United States, and the reexportation from third countries, of items to Cuba where the exportation or reexportation is licensed or otherwise authorized by BIS. See 31 CFR § 515.533(a). [https://ofac.treasury.gov/faqs/topic/1541]

The Department of the Treasury issued the Cuban Assets Control Regulations, 31 CFR part 515 (the “Regulations”), on July 8, 1963, under the Trading With the Enemy Act (50 U.S.C. 4301–44). OFAC has amended the Regulations on numerous occasions. Today, OFAC, in consultation with the Department of State, is amending the Regulations to implement certain policy changes announced by the Administration on May 16, 2022 to increase support for the Cuban people, as set forth below.

SDN