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. Compliance with these sanctions is mandatory for U.S. financial institutions.

• •Banco Nacional De Cuba is now on the SDN list.
• •U.S. persons are prohibited from transacting with them.
• •Their assets in the U.S. are frozen.
• •Compliance with these sanctions is mandatory for U.S. financial institutions.
• •OFAC is the part of the US Treasury that enforces economic sanctions.

U.S. persons and entities must cease any transactions with Banco Nacional De Cuba to comply with the sanctions. Failure to comply could result in penalties.