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 action reflects ongoing U.S. sanctions against entities associated with Cuba.

• •Banco Nacional De Cuba added to OFAC's SDN list.
• •U.S. persons prohibited from transacting with the bank.
• •Assets of the bank are frozen in the U.S.
• •Financial institutions must comply with these sanctions.
• •OFAC actions typically restrict business with listed entities.

U.S. persons must cease any transactions with Banco Nacional De Cuba and ensure compliance with the sanctions. Non-compliance could lead to penalties.