Sina Currency Exchange

Bank Sina’s Iran-based subsidiary, Sina Currency Exchange Company, which has procured foreign currency for the Central Bank of Iran and Behran Oil Company, is being designated pursuant to E.O. 13876 for being owned or controlled by, directly or indirectly, Bank Sina

Country:

Iran  

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Bank Sina’s Iran-based subsidiary, Sina Currency Exchange Company, which has procured foreign currency for the Central Bank of Iran and Behran Oil Company, is being designated pursuant to E.O. 13876 for being owned or controlled by, directly or indirectly, Bank Sina;

Bank Sina, which was previously designated pursuant to E.O. 13224, a counterterrorism authority, is being designated today pursuant to E.O. 13876 for being owned or controlled by, directly or indirectly, Bonyad Mostazafan;

Behran Oil, a joint venture between SEDCO and Bonyad Mostazafan that exports fuel to the Assad regime in Syria, is being designated pursuant to E.O. 13876 for being owned or controlled by, directly or indirectly, Bonyad Mostazafan;

Bonyad e-Mostazafan Foundation is controlled by the Islamic Revolutionary Guards Corps (IRGC) and Supreme Leader of Iran. Mostazafan Foundation made deals with the terrorist organization IRGC and it’s added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 18, 2020 pursuant to Executive Order 13876 for being owned or controlled by, directly or indirectly, the Supreme Leader of Iran;

Involved In:
Nuclear Weapon Program
Missile Weapon Program

Industry:
Banking Sector

Also Known As:
Sherkat-E Sarrafi Sina

Country:
Iran

Address:
Shahid Beheshti Street, Number 287, Tehran, Iran

National ID No.:
10320810830 (Iran)

Registration Number:
428695 (Iran)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 18, 2020 pursuant to Executive Order 13876 for being owned or controlled by, directly or indirectly, Bank Sina;