OrganisationCurrently listed

Mehr Bank

Listed by OFAC SDN (US), UK Sanctions List, EU Consolidated List, SECO (Switzerland)
Iran
First listed 2011-05-23
5 aliases

List entries (5)

Raw record available under each Source badge

EU Consolidated ListActive listingID 6337

Source

Verified: copied from a structured field of an authoritative source

Source: EU Consolidated List
Retrieved: 2026-09-29
Source date: 2022-06-28
Extractor: eu-xml-parser

Raw evidence

<sanctionEntity designationDate="2011-05-23" designationDetails="" unitedNationId="" euReferenceNumber="EU.2407.2" logicalId="6337">
        <remark>Mehr Bank is controlled by Bonyas Taavon Sepah and the IRGC. Mehr Bank provides financial services to the IRGC. According to an open source interview with the head of Bonyad Taavon Sepah, Parviz Fattah, Bonyad Taavon Sepah created Mehr Bank to serve the Basij (paramilitary arm of the IRGC).</remark>
        <regulation regulationType="amendment" organisationType="council" publicationDate="2022-06-28" entryIntoForceDate="2022-06-29" numberTitle="2022/1010 (OJ L170)" programme="IRN" logicalId="156263">
            <publicationUrl>https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32022R1010</publicationUrl>
        </regulation>
        <subjectType code="enterprise" classificationCode="E"/>
        <nameAlias firstName="" middleName="" lastName="" wholeName="Banca Mehr" function="" title="" nameLanguage="IT" strong="true" regulationLanguage="en" logicalId="141549">
            <regulationSummary regulationType="amendment" publicationDate="2022-06-28" numberTitle="2022/1010 (OJ L170)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32022R1010"/>
        </nameAlias>
        <nameAlias firstName="" middleName="" lastName="" wholeName="Mehr Bank" function="" title="" nameLanguage="" strong="true" regulationLanguage="en" logicalId="12339">
            <regulationSummary regulationType="amendment" publicationDate="2011-05-24" numberTitle="503/2011 (OJ L136)" publicationUrl="http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2011:136:0026:0044:EN:PDF"/>
        </nameAlias>
        <nameAlias firstName="" middleName="" lastName="" wholeName="Mehr Finance and Credit Institute" function="" title="" nameLanguage="" strong="true" regulationLanguage="en" logicalId="12514">
            <regulationSummary regulationType="amendment" publicationDate="2011-05-24" numberTitle="503/2011 (OJ L136)" publicationUrl="http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2011:136:0026:0044:EN:PDF"/>
        </nameAlias>
        <nameAlias firstName="" middleName="" lastName="" wholeName="Mehr Interest-Free Bank" function="" title="" nameLanguage="" strong="true" regulationLanguage="en" logicalId="12515">
            <regulationSummary regulationType="amendment" publicationDate="2011-05-24" numberTitle="503/2011 (OJ L136)" publicationUrl="http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2011:136:0026:0044:EN:PDF"/>
        </nameAlias>
        <address city="Tehran,1666943" street="No. 182, Shahid Tohidi St, 4th Golsetan, Pasdaran Ave." poBox="" zipCode="" region="" place="" asAtListingTime="false" countryIso2Code="IR" countryDescription="IRAN (ISLAMIC REPUBLIC OF)" regulationLanguage="en" logicalId="1758">
            <regulationSummary regulationType="amendment" publicationDate="2022-06-28" numberTitle="2022/1010 (OJ L170)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32022R1010"/>
        </address>
    </sanctionEntity>

Name on list: Mehr Bank
Programmes / regimes: IRN
Listed on: 2011-05-23
Last updated: 2022-06-28
Aliases: Mehr Finance and Credit Institute · Mehr Interest-Free Bank
Countries: Iran
Addresses: No. 182, Shahid Tohidi St, 4th Golsetan, Pasdaran Ave., Tehran,1666943, IRAN (ISLAMIC REPUBLIC OF)
Identifiers: EU reference: EU.2407.2
Legal act: 2022/1010 (OJ L170) – https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32022R1010
Remarks: Mehr Bank is controlled by Bonyas Taavon Sepah and the IRGC. Mehr Bank provides financial services to the IRGC. According to an open source interview with the head of Bonyad Taavon Sepah, Parviz Fattah, Bonyad Taavon Sepah created Mehr Bank to serve the Basij (paramilitary arm of the IRGC).

OFAC SDN (US)Active listingID 12481

Source

Verified: copied from a structured field of an authoritative source

Source: OFAC SDN (US)
Retrieved: 2026-09-30
Extractor: ofac-xml-parser

Raw evidence

<sdnEntry>
    <uid>12481</uid>
    <lastName>MEHR BANK</lastName>
    <sdnType>Entity</sdnType>
    <programList>
      <program>NPWMD</program>
      <program>IFSR</program>
      <program>IRGC</program>
      <program>SDGT</program>
    </programList>
    <idList>
      <id>
        <uid>186018</uid>
        <idType>Secondary sanctions risk:</idType>
        <idNumber>section 1(b) of Executive Order 13224, as amended by Executive Order 13886</idNumber>
      </id>
      <id>
        <uid>114192</uid>
        <idType>Additional Sanctions Information -</idType>
        <idNumber>Subject to Secondary Sanctions</idNumber>
      </id>
    </idList>
    <akaList>
      <aka>
        <uid>13384</uid>
        <type>a.k.a.</type>
        <category>strong</category>
        <lastName>MEHR INTEREST-FREE BANK</lastName>
      </aka>
      <aka>
        <uid>13385</uid>
        <type>a.k.a.</type>
        <category>strong</category>
        <lastName>MEHR FINANCE AND CREDIT INSTITUTE</lastName>
      </aka>
    </akaList>
    <addressList>
      <address>
        <uid>19486</uid>
        <address1>204 Taleghani Ave.</address1>
        <city>Tehran</city>
        <country>Iran</country>
      </address>
    </addressList>
  </sdnEntry>

Name on list: MEHR BANK
Programmes / regimes: NPWMD · IFSR · IRGC · SDGT
Aliases: MEHR INTEREST-FREE BANK · MEHR FINANCE AND CREDIT INSTITUTE
Countries: Iran
Addresses: 204 Taleghani Ave., Tehran, Iran

OFAC SDN (US)Active listingID 25018

Source

Verified: copied from a structured field of an authoritative source

Source: OFAC SDN (US)
Retrieved: 2026-09-30
Extractor: ofac-xml-parser

Raw evidence

<sdnEntry>
    <uid>25018</uid>
    <lastName>MEHR EQTESAD BANK</lastName>
    <sdnType>Entity</sdnType>
    <remarks>(Linked To: BONYAD TAAVON BASIJ; Linked To: BASIJ RESISTANCE FORCE)</remarks>
    <programList>
      <program>IFSR</program>
      <program>SDGT</program>
    </programList>
    <idList>
      <id>
        <uid>187211</uid>
        <idType>Secondary sanctions risk:</idType>
        <idNumber>section 1(b) of Executive Order 13224, as amended by Executive Order 13886</idNumber>
      </id>
      <id>
        <uid>128211</uid>
        <idType>Website</idType>
        <idNumber>www.mebank.ir</idNumber>
      </id>
      <id>
        <uid>128210</uid>
        <idType>Additional Sanctions Information -</idType>
        <idNumber>Subject to Secondary Sanctions</idNumber>
      </id>
    </idList>
    <akaList>
      <aka>
        <uid>39463</uid>
        <type>a.k.a.</type>
        <category>strong</category>
        <lastName>MEHR INTEREST-FREE BANK</lastName>
      </aka>
    </akaList>
    <addressList>
      <address>
        <uid>37858</uid>
        <address1>No. 182, Shahid Tohidi St, 4th Golsetan, Pasdaran Ave</address1>
        <city>Tehran</city>
        <postalCode>1666943</postalCode>
        <country>Iran</country>
      </address>
    </addressList>
  </sdnEntry>

Name on list: MEHR EQTESAD BANK
Programmes / regimes: IFSR · SDGT
Aliases: MEHR INTEREST-FREE BANK
Countries: Iran
Addresses: No. 182, Shahid Tohidi St, 4th Golsetan, Pasdaran Ave, Tehran, 1666943, Iran
Identifiers: Website: www.mebank.ir
Linked to (per list): BONYAD TAAVON BASIJ · BASIJ RESISTANCE FORCE
Remarks: (Linked To: BONYAD TAAVON BASIJ; Linked To: BASIJ RESISTANCE FORCE)

SECO (Switzerland)Active listingID 9681

Source

Verified: copied from a structured field of an authoritative source

Source: SECO (Switzerland)
Retrieved: 2026-09-29
Source date: 2022-08-03
Extractor: seco-xml-parser

Raw evidence

<target ssid="9681"><sanctions-set-id>8174</sanctions-set-id><foreign-identifier>110.</foreign-identifier><entity><identity ssid="9683" main="true"><name ssid="9685" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Mehr Bank</value></name-part></name><name ssid="9686" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Mehr Finance and Credit Institute</value></name-part></name><name ssid="9687" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Mehr Interest-Free Bank</value></name-part></name><address ssid="41057" place-id="8322" quality="good"><address-details>No. 182, Shahid Tohidi St, 4th Golsetan, Pasdaran Ave</address-details><zip-code>1666943</zip-code></address></identity><justification ssid="55954">Mehr Bank is controlled by Bonyad Taavon Sepah and the IRGC. Mehr Bank provides financial services to the IRGC. According to an open source interview with the head of Bonyad Taavon Sepah, Parviz Fattah, Bonyad Taavon Sepah created Mehr Bank to serve the Basij (paramilitary arm of the IRGC).</justification><relation ssid="11461" target-id="9645" relation-type="related-to"></relation><relation ssid="20904" target-id="9660" relation-type="related-to"></relation></entity><modification modification-type="amended" enactment-date="2022-08-02" publication-date="2022-08-03" effective-date="2022-08-03"><added><justification ssid="55954">Mehr Bank is controlled by Bonyad Taavon Sepah and the IRGC. Mehr Bank provides financial services to the IRGC. According to an open source interview with the head of Bonyad Taavon Sepah, Parviz Fattah, Bonyad Taavon Sepah created Mehr Bank to serve the Basij (paramilitary arm of the IRGC).</justification></added><removed><justification ssid="9682">Mehr Bank is controlled by Bonyas Taavon Sepah and the IRGC. Mehr Bank provides financial services to the IRGC. According to an open source interview with the head of Bonyad Taavon Sepah, Parviz Fattah (born 1961), Bonyad Taavon Sepah created Mehr Bank to serve the Basij (paramilitary arm of the IRGC).</justification></removed></modification><modification modification-type="amended" enactment-date="2019-11-29" publication-date="2019-12-03" effective-date="2019-12-03"><added><identity ssid="9683" main="true"><name ssid="9685" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Mehr Bank</value></name-part></name><name ssid="9686" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Mehr Finance and Credit Institute</value></name-part></name><name ssid="9687" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Mehr Interest-Free Bank</value></name-part></name><address ssid="41057" place-id="8322" quality="good"><address-details>No. 182, Shahid Tohidi St, 4th Golsetan, Pasdaran Ave</address-details><zip-code>1666943</zip-code></address></identity></added><removed><identity ssid="9683" main="true"><name ssid="9685" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Mehr Bank</value></name-part></name><name ssid="9686" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Mehr Finance and Credit Institute</value></name-part></name><name ssid="9687" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Mehr Interest-Free Bank</value></name-part></name><address ssid="9684" place-id="8322" quality="good"><address-details>204 Taleghani Ave.</address-details></address></identity></removed></modification><modification modification-type="listed"><added><target ssid="9681"><sanctions-set-id>8174</sanctions-set-id><foreign-identifier>110.</foreign-identifier><entity><identity ssid="9683" main="true"><name ssid="9685" name-typ

Name on list: Mehr Bank
Programmes / regimes: Iran
Listed on: 2019-12-03
Last updated: 2022-08-03
Aliases: Mehr Finance and Credit Institute · Mehr Interest-Free Bank
Countries: Iran
Addresses: No. 182, Shahid Tohidi St, 4th Golsetan, Pasdaran Ave, 1666943, Tehran, Iran
Identifiers: Foreign identifier: 110.
SECO related target: 9645
SECO related target: 9660
Remarks: Mehr Bank is controlled by Bonyad Taavon Sepah and the IRGC. Mehr Bank provides financial services to the IRGC. According to an open source interview with the head of Bonyad Taavon Sepah, Parviz Fattah, Bonyad Taavon Sepah created Mehr Bank to serve the Basij (paramilitary arm of the IRGC).

UK Sanctions ListActive listingID INU0038

Source

Verified: copied from a structured field of an authoritative source

Source: UK Sanctions List
Retrieved: 2026-09-29
Source date: 2025-04-09
Extractor: uk-xml-parser

Raw evidence

<Designation>
    <LastUpdated>09/04/2025</LastUpdated>
    <DateDesignated>31/12/2020</DateDesignated>
    <UniqueID>INU0038</UniqueID>
    <OFSIGroupID>11582</OFSIGroupID>
    <Names>
      <Name>
        <Name6>Mehr Bank</Name6>
        <NameType>Primary name</NameType>
      </Name>
      <Name>
        <Name6>Mehr FCI</Name6>
        <NameType>Alias</NameType>
      </Name>
      <Name>
        <Name6>Mehr Finance and Credit Institute</Name6>
        <NameType>Alias</NameType>
      </Name>
      <Name>
        <Name6>Mehr Finance and Credit Institution</Name6>
        <NameType>Alias</NameType>
      </Name>
      <Name>
        <Name6>Mehr Interest-Free Bank</Name6>
        <NameType>Alias</NameType>
      </Name>
    </Names>
    <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>
    <OtherInformation>The Director Disqualification Sanction was imposed on 09/04/2025.</OtherInformation>
    <UKStatementofReasons>
Mehr Bank provides financial services to the IRGC and was created to serve the Basij</UKStatementofReasons>
    <Addresses>
      <Address>
        <AddressLine1>204 Taleghani Ave.</AddressLine1>
        <AddressLine6>Tehran</AddressLine6>
        <AddressCountry>Iran</AddressCountry>
      </Address>
    </Addresses>
    <PhoneNumbers>
      <PhoneNumber>021 22770001 9</PhoneNumber>
    </PhoneNumbers>
    <Websites>
      <Website>www.mebank.ir</Website>
    </Websites>
    <EmailAddresses>
      <EmailAddress>request@mehr fci.ir</EmailAddress>
    </EmailAddresses>
    <EntityDetails>
      <Entity>
        <TypeOfEntities>
          <TypeOfEntity>Enterprise</TypeOfEntity>
        </TypeOfEntities>
        <ParentCompanies>
          <ParentCompany>Basij Cooperative Foundation (BCF)
Bank Sepah </ParentCompany>
        </ParentCompanies>
      </Entity>
    </EntityDetails>
  </Designation>

Name on list: Mehr Bank
Programmes / regimes: Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019
Listed on: 2020-12-31
Last updated: 2025-04-09
Aliases: Mehr FCI · Mehr Finance and Credit Institute · Mehr Finance and Credit Institution · Mehr Interest-Free Bank
Countries: Iran
Addresses: 204 Taleghani Ave., Tehran, Iran
Identifiers: OFSI group ID: 11582
Linked to (per list): Basij Cooperative Foundation (BCF) Bank Sepah
Remarks: Mehr Bank provides financial services to the IRGC and was created to serve the Basij The Director Disqualification Sanction was imposed on 09/04/2025. Sanctions imposed: Asset freeze|Director Disqualification Sanction

Linked parties & vessels (7)

Linked to (sanctions list) (7)

Mehr-E Eqtesad-E Iranian Investment CompanySanctions-listed party · ofac
Source
Verified: copied from a structured field of an authoritative source
Source
OFAC Specially Designated Nationals (SDN) List
Retrieved
2026-09-30
Extractor
sanctions-group/1
Raw evidence
```
Fax: 982188526337; Alt. Fax: 9221227700019; (Linked To: MEHR EQTESAD BANK)
```
The Basij Cooperative FoundationSanctions-listed party · ofac, uk, eu
Source
Verified: copied from a structured field of an authoritative source
Source
OFAC Specially Designated Nationals (SDN) List
Retrieved
2026-09-30
Extractor
sanctions-group/1
Raw evidence
```
(Linked To: BONYAD TAAVON BASIJ; Linked To: BASIJ RESISTANCE FORCE)
```
Basij Resistance ForceSanctions-listed party · ofac, uk, eu
Source
Verified: copied from a structured field of an authoritative source
Source
OFAC Specially Designated Nationals (SDN) List
Retrieved
2026-09-30
Extractor
sanctions-group/1
Raw evidence
```
(Linked To: BONYAD TAAVON BASIJ; Linked To: BASIJ RESISTANCE FORCE)
```
Bank MellatSanctions-listed party · ofac, uk, eu, seco
Source
Verified: copied from a structured field of an authoritative source
Source
OFAC Specially Designated Nationals (SDN) List
Retrieved
2026-09-30
Extractor
sanctions-group/1
Raw evidence
```
All Branches Worldwide; (Linked To: MEHR EQTESAD BANK)
```

Bonyad Taavon SepahSanctions-listed party · ofac, uk, eu, seco

Source

Verified: copied from a structured field of an authoritative source

Source: UK Sanctions List
Retrieved: 2026-09-29
Extractor: sanctions-group/1

Raw evidence

Bonyad Taavon Sepah, also known as the IRGC Cooperative Foundation, was formed by the commanders of the IRGC to structure the IRGC's investments. It is controlled by the IRGC. Bonyad Taavon Sepah's Board of Trustees is composed of nine members, of whom eight are IRGC members. These officers include the IRGC's Commander in Chief, who is the Chairman of the Board of Trustees, the Supreme Leader's representative to the IRGC , the Basij Commander, the IRGC Ground Forces Commander, the IRGC Air Force Commander, the IRGC Navy Commander, the head of the IRGC Information Security Organisation, a senior IRGC officer from the Armed Forces general staff and a senior IRGC officer from MODAFL.

The Director Disqualification Sanction was imposed on 09/04/2025.

Sanctions imposed: Asset freeze|Director Disqualification Sanction

IRGC Qods ForceSanctions-listed party · ofac, uk, eu, seco
Source
Verified: copied from a structured field of an authoritative source
Source
Swiss SECO Sanctions List
Retrieved
2026-09-29
Extractor
sanctions-group/1
Raw evidence
```
<relation target-id="9645" relation-type="related-to">
```
Bonyad Taavon SepahSanctions-listed party · ofac, uk, eu, seco
Source
Verified: copied from a structured field of an authoritative source
Source
Swiss SECO Sanctions List
Retrieved
2026-09-29
Extractor
sanctions-group/1
Raw evidence
```
<relation target-id="9660" relation-type="related-to">
```

Timeline

No list changes detected since monitoring began.

About these lists

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.

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.

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.