BANCO NACIONAL DE CUBA — OFAC Entity (306)

Banco Nacional De Cuba was added to the SDN list under the Entity sanctions program. This means U.S. persons are prohibited from engaging in transactions with them and their assets are frozen. The sanctions aim to restrict their financial activities in the U.S.

• •Banco Nacional De Cuba was sanctioned by OFAC.
• •They are now on the SDN list.
• •U.S. persons cannot transact with them.
• •Their assets in the U.S. are frozen.
• •An OFAC listing typically cuts off normal business with U.S. entities immediately.

U.S. persons must cease all transactions with Banco Nacional De Cuba and ensure compliance with asset freezes. This limits the bank's operational capabilities significantly.