OrganisationCurrently listed

Bank Refah

Listed by OFAC SDN (US), UK Sanctions List, EU Consolidated List, SECO (Switzerland)
Iran
First listed 2013-12-19
3 aliases

List entries (5)

Raw record available under each Source badge

EU Consolidated ListActive listingID 178619

Source

Verified: copied from a structured field of an authoritative source

Source: EU Consolidated List
Retrieved: 2026-09-29
Source date: 2025-09-29
Extractor: eu-xml-parser

Raw evidence

<sanctionEntity designationDate="2025-09-29" designationDetails="(16.11.2013, suspended since 16.1.2016)" unitedNationId="" euReferenceNumber="EU.13613.18" logicalId="178619">
        <remark>Corrigendum 2025/1980 (OJ L202501980) [corr. 02/02/2026-1]</remark>
        <regulation regulationType="amendment" organisationType="council" publicationDate="2025-09-29" entryIntoForceDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" programme="IRN" logicalId="217751">
            <publicationUrl>https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980</publicationUrl>
        </regulation>
        <subjectType code="enterprise" classificationCode="E"/>
        <nameAlias firstName="" middleName="" lastName="" wholeName="Bank Refah" function="" title="" nameLanguage="EN" strong="true" regulationLanguage="en" logicalId="181848">
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980"/>
        </nameAlias>
        <nameAlias firstName="" middleName="" lastName="" wholeName="Bank Refah Kargaran" function="Bank Refah Kargaran is an Iranian bank" title="" nameLanguage="EN" strong="true" regulationLanguage="en" logicalId="178625">
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980"/>
        </nameAlias>
        <address city="Tehran" street="40, North Shiraz Street, Mollasadra  Ave., Vanak Sq" poBox="" zipCode="" region="" place="" asAtListingTime="false" countryIso2Code="IR" countryDescription="IRAN (ISLAMIC REPUBLIC OF)" regulationLanguage="en" logicalId="178622">
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980"/>
        </address>
        <address city="Tehran" street="No.125 – Mofatteh Cross- Taleghani  Ave" poBox="" zipCode="" region="" place="" asAtListingTime="false" countryIso2Code="IR" countryDescription="IRAN (ISLAMIC REPUBLIC OF)" regulationLanguage="en" logicalId="178623">
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980"/>
        </address>
        <address city="Tehran" street="Shahid Mofatteh Building, 125,  Moffateh Crossroad, Talleghani Ave" poBox="" zipCode="" region="" place="" asAtListingTime="false" countryIso2Code="IR" countryDescription="IRAN (ISLAMIC REPUBLIC OF)" regulationLanguage="en" logicalId="178620">
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980"/>
        </address>
        <address city="Tehran" street="No.186 – North Shiraz St –  Mollasadra Ave – Vanak Sq" poBox="1991756783" zipCode="" region="" place="" asAtListingTime="false" countryIso2Code="IR" countryDescription="IRAN (ISLAMIC REPUBLIC OF)" regulationLanguage="en" logicalId="178621">
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980"/>
        </address>
        <address city="Tehran" street="Moffettah No. 125" poBox="15815-1866" zipCode="" region="" place="" asAtListingTime="false" countryIso2Code="IR" countryDescription="IRAN (ISLAMIC REPUBLIC OF)" regulationLanguage="en" logicalId="178624">
            <remark>Swift: REFAIRTH</remark>
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-l

Name on list: Bank Refah
Programmes / regimes: IRN
Listed on: 2025-09-29
Last updated: 2025-09-29
Aliases: Bank Refah Kargaran
Countries: Iran
Addresses: 40, North Shiraz Street, Mollasadra Ave., Vanak Sq, Tehran, IRAN (ISLAMIC REPUBLIC OF)
No.125 – Mofatteh Cross- Taleghani Ave, Tehran, IRAN (ISLAMIC REPUBLIC OF)
Shahid Mofatteh Building, 125, Moffateh Crossroad, Talleghani Ave, Tehran, IRAN (ISLAMIC REPUBLIC OF)
No.186 – North Shiraz St – Mollasadra Ave – Vanak Sq, 1991756783, Tehran, IRAN (ISLAMIC REPUBLIC OF)
Moffettah No. 125, 15815-1866, Tehran, IRAN (ISLAMIC REPUBLIC OF)
Identifiers: EU reference: EU.13613.18
SWIFT/BIC: REFAIRTH
Legal act: 2025/1980 (OJ L202501980) – https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980
Remarks: Corrigendum 2025/1980 (OJ L202501980) [corr. 02/02/2026-1]

OFAC SDN (US)Active listingID 4635

Source

Verified: copied from a structured field of an authoritative source

Source: OFAC SDN (US)
Retrieved: 2026-09-29
Extractor: ofac-xml-parser

Raw evidence

<sdnEntry>
    <uid>4635</uid>
    <lastName>BANK REFAH KARGARAN</lastName>
    <sdnType>Entity</sdnType>
    <remarks>all offices worldwide</remarks>
    <programList>
      <program>IRAN</program>
      <program>IRAN-EO13902</program>
    </programList>
    <idList>
      <id>
        <uid>137332</uid>
        <idType>Website</idType>
        <idNumber>www.bankrefah.ir</idNumber>
      </id>
      <id>
        <uid>137333</uid>
        <idType>Website</idType>
        <idNumber>www.refah-bank.ir</idNumber>
      </id>
      <id>
        <uid>137294</uid>
        <idType>Additional Sanctions Information -</idType>
        <idNumber>Subject to Secondary Sanctions</idNumber>
      </id>
    </idList>
    <akaList>
      <aka>
        <uid>3555</uid>
        <type>a.k.a.</type>
        <category>strong</category>
        <lastName>WORKERS' WELFARE BANK - OF IRAN</lastName>
      </aka>
      <aka>
        <uid>12051</uid>
        <type>a.k.a.</type>
        <category>strong</category>
        <lastName>BANK REFAH</lastName>
      </aka>
    </akaList>
    <addressList>
      <address>
        <uid>2901</uid>
        <address1>No. 40 North Shiraz Street, Mollasadra Ave, Vanak Sq</address1>
        <city>Tehran</city>
        <postalCode>19917</postalCode>
        <country>Iran</country>
      </address>
      <address>
        <uid>45327</uid>
        <address1>No. 40, North Shiraz St, Mollasadra Ave</address1>
        <city>Tehran</city>
        <country>Iran</country>
      </address>
      <address>
        <uid>45328</uid>
        <address1>40, Northern Shirazi St, Molla Sadra Ave</address1>
        <city>Tehran</city>
        <postalCode>19917</postalCode>
        <country>Iran</country>
      </address>
    </addressList>
  </sdnEntry>

Name on list: BANK REFAH KARGARAN
Programmes / regimes: IRAN · IRAN-EO13902
Aliases: WORKERS' WELFARE BANK - OF IRAN · BANK REFAH
Countries: Iran
Addresses: No. 40 North Shiraz Street, Mollasadra Ave, Vanak Sq, Tehran, 19917, Iran
No. 40, North Shiraz St, Mollasadra Ave, Tehran, Iran
40, Northern Shirazi St, Molla Sadra Ave, Tehran, 19917, Iran
Identifiers: Website: www.bankrefah.ir
Website: www.refah-bank.ir
Remarks: all offices worldwide

SECO (Switzerland)Active listingID 101002

Source

Verified: copied from a structured field of an authoritative source

Source: SECO (Switzerland)
Retrieved: 2026-09-29
Source date: 2026-03-10
Extractor: seco-xml-parser

Raw evidence

<target ssid="101002"><sanctions-set-id>8174</sanctions-set-id><entity><identity ssid="101007" main="true"><name ssid="101013" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Bank Refah Kargaran</value></name-part></name><name ssid="101014" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Bank Refah</value></name-part></name><address ssid="101008" place-id="8322" quality="good"><address-details>Moffettah No. 125</address-details><p-o-box>15815-1866</p-o-box></address><address ssid="101009" place-id="8322" quality="good"><address-details>No.125 – Mofatteh Cross-Taleghani Ave.</address-details></address><address ssid="101010" place-id="8322" quality="good"><address-details>40, North Shiraz Street, Mollasadra Ave., Vanak Sq.</address-details></address><address ssid="101011" place-id="8322" quality="good"><address-details>No.186 – North Shiraz St – Mollasadra Ave – Vanak Sq</address-details><zip-code>1991756783</zip-code></address><address ssid="101012" place-id="8322" quality="good"><address-details>Shahid Mofatteh Building, 125, Moffateh Crossroad, Talleghani Ave.</address-details></address></identity><justification ssid="101003">Bank Refah Kargaran is an Iranian bank with links to the Government of Iran. It cooperates with, among others, the Ministry of Defense and Armed Forces Logistics (MODAFL), including by facilitating the purchase of weapons. It also cooperates with the Ministry of Economy and Finance and the Ministry of Health.</justification><justification ssid="101004">Bank Refah Kargaran is owned by the Government of Iran.</justification><justification ssid="101005">Thus, Bank Refah Kargaran is controlled by and providing support to the Government of Iran.</justification><other-information ssid="102370">Swift: REFAIRTH</other-information></entity><modification modification-type="amended" enactment-date="2026-03-09" publication-date="2026-03-10" effective-date="2026-03-10"><added><other-information ssid="102370">Swift: REFAIRTH</other-information></added><removed><other-information ssid="101006">Swift: REF AIRTH</other-information></removed></modification><modification modification-type="listed" enactment-date="2025-12-12" publication-date="2025-12-12" effective-date="2025-12-12"><added><target ssid="101002"><sanctions-set-id>8174</sanctions-set-id><entity><identity ssid="101007" main="true"><name ssid="101013" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Bank Refah Kargaran</value></name-part></name><name ssid="101014" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Bank Refah</value></name-part></name><address ssid="101008" place-id="8322" quality="good"><address-details>Moffettah No. 125</address-details><p-o-box>15815-1866</p-o-box></address><address ssid="101009" place-id="8322" quality="good"><address-details>No.125 – Mofatteh Cross-Taleghani Ave.</address-details></address><address ssid="101010" place-id="8322" quality="good"><address-details>40, North Shiraz Street, Mollasadra Ave., Vanak Sq.</address-details></address><address ssid="101011" place-id="8322" quality="good"><address-details>No.186 – North Shiraz St – Mollasadra Ave – Vanak Sq</address-details><zip-code>1991756783</zip-code></address><address ssid="101012" place-id="8322" quality="good"><address-details>Shahid Mofatteh Building, 125, Moffateh Crossroad, Talleghani Ave.</address-details></address></identity><justification ssid="101003">Bank Refah Kargaran is an Iranian bank with links to the Government of Iran. It cooperates with, among others, the Ministry of Defense and Armed Forces Logistics (MODAFL), including by facilitating the purchase of weapons. It also cooperates with the Ministry of Economy and Finance and the Ministry of Health.</justification><justification ssid="101004">Bank Refah Kargaran is owned by the Government

Name on list: Bank Refah Kargaran
Programmes / regimes: Iran
Listed on: 2025-12-12
Last updated: 2026-03-10
Aliases: Bank Refah
Countries: Iran
Addresses: Moffettah No. 125, 15815-1866, Tehran, Iran
No.125 – Mofatteh Cross-Taleghani Ave., Tehran, Iran
40, North Shiraz Street, Mollasadra Ave., Vanak Sq., Tehran, Iran
No.186 – North Shiraz St – Mollasadra Ave – Vanak Sq, 1991756783, Tehran, Iran
Shahid Mofatteh Building, 125, Moffateh Crossroad, Talleghani Ave., Tehran, Iran
Remarks: Bank Refah Kargaran is an Iranian bank with links to the Government of Iran. It cooperates with, among others, the Ministry of Defense and Armed Forces Logistics (MODAFL), including by facilitating the purchase of weapons. It also cooperates with the Ministry of Economy and Finance and the Ministry of Health. Bank Refah Kargaran is owned by the Government of Iran. Thus, Bank Refah Kargaran is controlled by and providing support to the Government of Iran. Swift: REFAIRTH

UK Sanctions ListActive listingID INU0301

Source

Verified: copied from a structured field of an authoritative source

Source: UK Sanctions List
Retrieved: 2026-09-29
Source date: 2025-09-29
Extractor: uk-xml-parser

Raw evidence

<Designation>
    <LastUpdated>29/09/2025</LastUpdated>
    <DateDesignated>29/09/2025</DateDesignated>
    <UniqueID>INU0301</UniqueID>
    <OFSIGroupID>11184</OFSIGroupID>
    <Names>
      <Name>
        <Name6>BANK REFAH KARGARAN  </Name6>
        <NameType>Primary Name</NameType>
      </Name>
      <Name>
        <Name6>Bank Refah  </Name6>
        <NameType>Primary Name Variation</NameType>
      </Name>
      <Name>
        <Name6>WORKERS' WELFARE BANK - OF IRAN </Name6>
        <NameType>Primary Name Variation</NameType>
      </Name>
    </Names>
    <NonLatinNames>
      <NonLatinName>
        <NameNonLatinScript>بانک رفاه </NameNonLatinScript>
        <NonLatinScriptType>Arabic</NonLatinScriptType>
        <NonLatinScriptLanguage>Persian</NonLatinScriptLanguage>
      </NonLatinName>
    </NonLatinNames>
    <RegimeName>The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019</RegimeName>
    <IndividualEntityShip>Entity</IndividualEntityShip>
    <DesignationSource>UK</DesignationSource>
    <SanctionsImposed>Asset freeze|Director Disqualification Sanction</SanctionsImposed>
    <SanctionsImposedIndicators>
      <AssetFreeze>true</AssetFreeze>
      <ArmsEmbargo>false</ArmsEmbargo>
      <TargetedArmsEmbargo>false</TargetedArmsEmbargo>
      <CharteringOfShips>false</CharteringOfShips>
      <ClosureOfRepresentativeOffices>false</ClosureOfRepresentativeOffices>
      <CrewServicingOfShipsAndAircraft>false</CrewServicingOfShipsAndAircraft>
      <Deflag>false</Deflag>
      <PreventionOfBusinessArrangements>false</PreventionOfBusinessArrangements>
      <ProhibitionOfPortEntry>false</ProhibitionOfPortEntry>
      <TravelBan>false</TravelBan>
      <PreventionOfCharteringOfShips>false</PreventionOfCharteringOfShips>
      <PreventionOfCharteringOfShipsAndAircraft>false</PreventionOfCharteringOfShipsAndAircraft>
      <TechnicalAssistanceRelatedToAircraft>false</TechnicalAssistanceRelatedToAircraft>
      <TrustServicesSanctions>false</TrustServicesSanctions>
      <DirectorDisqualificationSanction>true</DirectorDisqualificationSanction>
    </SanctionsImposedIndicators>
    <UKStatementofReasons>
Bank Refah Kargaran is an involved person under the Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 on the basis of the following ground: (1) Bank Refah Kargaran is or has been providing financial services, or making available funds or economic resources, that could contribute to a relevant nuclear activity, namely the proliferation or development of nuclear weapons in, or for use in, Iran; an activity that could lead to the development of nuclear weapons in, or for use in, Iran; or the development of a nuclear weapon delivery system in, or for use in, Iran. 
</UKStatementofReasons>
    <Addresses>
      <Address>
        <AddressLine1>No. 40 North Shiraz Street</AddressLine1>
        <AddressLine2>Mollasadra Ave</AddressLine2>
        <AddressLine3>Vanak Sq</AddressLine3>
        <AddressLine6>Tehran</AddressLine6>
        <AddressPostalCode>19917</AddressPostalCode>
        <AddressCountry>Iran</AddressCountry>
      </Address>
    </Addresses>
    <PhoneNumbers>
      <PhoneNumber> +98-21-88065110 </PhoneNumber>
    </PhoneNumbers>
    <Websites>
      <Website>www.bankrefah.ir </Website>
    </Websites>
    <EmailAddresses>
      <EmailAddress>info@bankrefah.ir </EmailAddress>
    </EmailAddresses>
  </Designation>

Name on list: BANK REFAH KARGARAN
Programmes / regimes: Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019
Listed on: 2025-09-29
Last updated: 2025-09-29
Aliases: Bank Refah · WORKERS' WELFARE BANK - OF IRAN · بانک رفاه
Countries: Iran
Addresses: No. 40 North Shiraz Street, Mollasadra Ave, Vanak Sq, Tehran, 19917, Iran
Identifiers: OFSI group ID: 11184
Remarks: Bank Refah Kargaran is an involved person under the Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 on the basis of the following ground: (1) Bank Refah Kargaran is or has been providing financial services, or making available funds or economic resources, that could contribute to a relevant nuclear activity, namely the proliferation or development of nuclear weapons in, or for use in, Iran; an activity that could lead to the development of nuclear weapons in, or for use in, Iran; or the development of a nuclear weapon delivery system in, or for use in, Iran. Sanctions imposed: Asset freeze|Director Disqualification Sanction

SECO (Switzerland)No longer listedID 9014

Source

Verified: copied from a structured field of an authoritative source

Source: SECO (Switzerland)
Retrieved: 2026-09-29
Source date: 2016-01-17
Extractor: seco-xml-parser

Raw evidence

<target ssid="9014"><sanctions-set-id>8174</sanctions-set-id><foreign-identifier>11.</foreign-identifier><entity><identity ssid="9016" main="true"><name ssid="26469" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Bank Refah Kargaran</value></name-part></name><name ssid="26470" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Bank Refah</value></name-part></name><address ssid="26468" place-id="8322" quality="good"><address-details>40, North Shiraz Street, Mollasadra Ave., Vanak Sq.</address-details><zip-code>19917</zip-code></address></identity><justification ssid="26466">Entity providing support to the Government of Iran. It is 94 per cent owned by the Iranian Social Security Organisation, which in turn is controlled by the Government of Iran, and it provides banking services to government ministries.</justification><other-information ssid="26467">SWIFT: REF AIRTH</other-information></entity><modification modification-type="de-listed" enactment-date="2015-11-11" publication-date="2016-01-17" effective-date="2016-01-17"/><modification modification-type="amended" enactment-date="2013-12-18" publication-date="2013-12-19" effective-date="2013-12-20"><added><identity ssid="9016" main="true"><name ssid="26469" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Bank Refah Kargaran</value></name-part></name><name ssid="26470" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Bank Refah</value></name-part></name><address ssid="26468" place-id="8322" quality="good"><address-details>40, North Shiraz Street, Mollasadra Ave., Vanak Sq.</address-details><zip-code>19917</zip-code></address></identity><justification ssid="26466">Entity providing support to the Government of Iran. It is 94 per cent owned by the Iranian Social Security Organisation, which in turn is controlled by the Government of Iran, and it provides banking services to government ministries.</justification><other-information ssid="26467">SWIFT: REF AIRTH</other-information></added><removed><identity ssid="9016" main="true"><name ssid="9018" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Bank Refah</value></name-part></name><address ssid="9017" place-id="8322" quality="good"><address-details>40, North Shiraz Street, Mollasadra Ave., Vanak Sq.</address-details></address></identity><justification ssid="9015">Bank Refah has taken over ongoing operations from Bank Melli in the wake of the sanctions imposed on the latter by the European Union.</justification></removed></modification><modification modification-type="listed"><added><target ssid="9014"><sanctions-set-id>8174</sanctions-set-id><foreign-identifier>11.</foreign-identifier><entity><identity ssid="9016" main="true"><name ssid="9018" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Bank Refah</value></name-part></name><address ssid="9017" place-id="8322" quality="good"><address-details>40, North Shiraz Street, Mollasadra Ave., Vanak Sq.</address-details></address></identity><justification ssid="9015">Bank Refah has taken over ongoing operations from Bank Melli in the wake of the sanctions imposed on the latter by the European Union.</justification></entity></target></added></modification></target>

Name on list: Bank Refah Kargaran
Programmes / regimes: Iran
Listed on: 2013-12-19
Last updated: 2016-01-17
Aliases: Bank Refah
Countries: Iran
Addresses: 40, North Shiraz Street, Mollasadra Ave., Vanak Sq., 19917, Tehran, Iran
Identifiers: Foreign identifier: 11.
Remarks: Entity providing support to the Government of Iran. It is 94 per cent owned by the Iranian Social Security Organisation, which in turn is controlled by the Government of Iran, and it provides banking services to government ministries. SWIFT: REF AIRTH

Linked parties & vessels (0)

No linked parties recorded on the lists.

Timeline

No list changes detected since monitoring began.

About these lists

EU Consolidated Financial Sanctions List (European Commission (DG FISMA)): Persons, groups and entities subject to EU financial sanctions, with legal acts. Official page.

Swiss SECO Sanctions List (State Secretariat for Economic Affairs SECO): Persons, entities and objects subject to Swiss sanctions under the Embargo Act. Official page.

OFAC Specially Designated Nationals (SDN) List (U.S. Department of the Treasury – OFAC): U.S. blocking sanctions on individuals, entities and vessels. Official page.

UK Sanctions List (UK Foreign, Commonwealth & Development Office): UK financial, trade and shipping sanctions designations, including specified ships. Official page.

Inclusion on a list is an administrative designation, not a criminal conviction. Designations can be challenged and are periodically reviewed; entries marked “no longer listed” have been removed from the respective list. The legal effect of a listing depends on the jurisdiction and the programme concerned.

Compiled automatically from official public sources. Name similarity is not identity; nothing here is a legal determination or allegation of wrongdoing. Verify against the linked official source before relying on any information.