BANCO NACIONAL DE CUBA — OFAC Entity (306)

Banco Nacional De Cuba was added to the SDN list under the Entity sanctions program. This prohibits U.S. persons from engaging in transactions with the bank and freezes its assets. The sanctions aim to restrict the bank's financial activities in the U.S.

• •Banco Nacional De Cuba was added to the SDN list.
• •This action falls under the Entity sanctions program.
• •U.S. persons are prohibited from transacting with the bank.
• •Assets of Banco Nacional De Cuba are frozen.
• •An OFAC listing typically cuts off normal business with U.S. entities immediately.

U.S. persons and entities must cease any transactions with Banco Nacional De Cuba immediately. Non-compliance could lead to legal penalties.