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 freezes any assets held by the bank in the U.S.

• •Banco Nacional De Cuba was sanctioned by OFAC.
• •It is now on the SDN list under the Entity program.
• •U.S. persons cannot transact with this bank.
• •Assets held by the bank in the U.S. are frozen.
• •An OFAC listing typically cuts off normal business with U.S. entities immediately.

U.S. persons must cease any transactions with Banco Nacional De Cuba and ensure compliance with asset freezes. This affects their ability to conduct business internationally.