Last Updated: January 19, 2026
AL-FADEL EXCHANGE AND MONEY TRANSFER COMPANYde-listed
Aliases
AL-FADEL MONEY TRANSFER AND EXCHANGE PRIVATE JSC; AL-FADEL EXCHANGE PRIVATE JOINT STOCK COMPANY; AL-FADEL EXCHANGE AND INTERNATIONAL TRANSFER COMPANY
Address
Al-Fardous Street, Damascus, Syria; March 8th Street, Al-Sarraj Building, Ground Floor, Lattakia, Syria; Al-Express Street, Al-Farqan Quarter, Aleppo, Syria; Al-Mazza Highway, Damascus, Syria; Sayyida Zeynab, Damascus, Syria; Main Street, Jeremana, Damascus, Syria
Official reason
Al-Fadel Exchange, headquartered in Damascus, has facilitated millions of dollars in transfers since 2021 to accounts at the U.S.-designated Central Bank of Syria that benefit the Syrian government and President Bashar al-Assad. Additionally, the U.S.-designated Hizballah terrorist organization — a key ally of the Syrian regime and Iran’s IRGC-QF —...
Other Information
https://home.treasury.gov/news/press-releases/jy1508
Date of listing
2023-05-30
Program information
Authority
US
Program
Sections 7404-7438 of the National Defense Authorization Act for Fiscal Year 2020, Title LXXIV—Caesar Syria Civilian Protection Act of 2019
Regime
OFAC country specific
Target State
Syria
Measures
Blocking Property, Suspending Entry, Trade sanctions
Sanctions Portfolio
• https://ofac.treasury.gov/faqs/topic/1571 Pursuant to the Caesar Syria Civilian Protection Act of 2019, non-U.S. persons who knowingly provide significant financial, material, or technological support to, or knowingly engage in a significant transaction with the Government of Syria, including the CBoS, or certain other persons sanctioned with r...
Official Information
It is the policy of the United States that diplomatic and coercive economic means should be utilized to compel the government of Bashar al-Assad to halt its murderous attacks on the Syrian people and to support a transition to a government in Syria that respects the rule of law, human rights, and peaceful co-existence with its neighbors.
Additional Details
SDN
Program URL