Last Updated: September 13, 2026

BANK MELLAT

Address

Head Office Bldg, 276 Taleghani Ave, Tehran, Iran

Official reason

Persia International Bank PLC, First East Export Bank PLC, and Mellat Bank Closed Joint-Stock Company are being designated pursuant to E.O. 13224 for being owned or controlled by Bank Mellat. Bank Mellat was designated pursuant to E.O. 13224 on October 16, 2018.

Sender

Additional info

Subject to Secondary Sanctions

Other Information

https://home.treasury.gov/news/press-releases/sm541

Date of listing

2018-10-16

Program information

Authority

Program

Iranian Transactions and Sanctions Regulations, 31 CFR part 560

Regime

OFAC country specific

Target State

Iran

Measures

Other financial restrictions, Trade sanctions

Sanctions Portfolio

• https://ofac.treasury.gov/faqs/topic/1551

Official Information

The Iranian Transactions Regulations, 31 C.F.R. part 560 (the “ITR”), financial institutions and other U.S. persons were prohibited from engaging in transactions with the GOI. Under those prior rules, U.S. financial institutions receiving instructions to execute transactions involving these entities were not required to block the transactions, but were instead required to reject those instructions rather than carry them out, unless the transactions were exempt, authorized, or not prohibited by OFAC.

Additional Details

SDN

Program URL

https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-560

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