IRAN ZAMIN BANK

Seyyed Jamal-oldin Asadabadi St., Corner of 68th St., No. 472, Tehran, Iran

Amin Investment Bank, Bank Keshavarzi Iran, Bank Maskan, Bank Refah Kargaran, Bank-e Shahr, Eghtesad Novin Bank, Gharzolhasaneh Resalat Bank, Hekmat Iranian Bank, Iran Zamin Bank, Karafarin Bank, Khavarmianeh Bank (also known as Middle East Bank), Mehr Iran Credit Union Bank, Pasargad Bank, Saman Bank, Sarmayeh Bank, Tosee Taavon Bank (also known as Cooperative Development Bank), and Tourism Bank were previously identified as Iranian financial institutions pursuant to E.O. 13599. Today, they were sanctioned as entities operating in Iran’s financial sector.

US

Subject to Secondary Sanctions

https://home.treasury.gov/news/press-releases/sm1147

2012-07-12

US

Iranian Transactions and Sanctions Regulations, 31 CFR part 560

OFAC country specific

Iran

Other financial restrictions, Trade sanctions

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

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.

SDN