BANCO NACIONAL DE CUBA — OFAC Entity (306)

Banco Nacional De Cuba was added to the SDN list under the Entity sanctions program. U.S. persons are prohibited from engaging in transactions with this entity. This action effectively freezes any assets held by the bank in the U.S.

• •Banco Nacional De Cuba was sanctioned by OFAC.
• •It was added to the SDN list under the Entity program.
• •U.S. persons are prohibited from transacting with this bank.
• •Assets held by the bank in the U.S. are frozen.
• •OFAC sanctions typically cut off normal business with U.S. entities immediately.

U.S. persons must cease any transactions with Banco Nacional De Cuba, which could disrupt their operations. This limits the bank's ability to operate internationally.