BB&T OFAC Settlement: $10K (2008)

Last updated: July 20, 2026

BB&T settled allegations of violations of the Global Terrorism Sanctions Regulations, remitting $10,000 to OFAC. OFAC alleged that BB&T acted without an OFAC license or outside the scope of its license by permitting an ACH Debit against an account held for a Specifically Designated Global Terrorist.

Penalty Amount

$10,000.00

Enforcement Date

January 11, 2008

Rank in Top Penalties

#546

Case Details

Type:: Entity
Name:: BB&T
Country:: 🇺🇸 United States
Industry:: Banking
Address:: Winston-Salem, NC
Penalty amount:: $10,000.00
Egregious case:: Unknown
Voluntary self disclosure:: No
Case:: Settlement
Violation period:: From July 3, 2002
Program:: Global Terrorism Sanctions Regulations
Enforcement date:: January 11, 2008

Nature of the Apparent Violations

BB&T acted without an OFAC license or outside the scope of its license by permitting an ACH Debit against an account held for a Specifically Designated Global Terrorist. The apparent violation occurred on July 3, 2002.

Official Source Documents

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View archived version View on ofac.treasury.gov

Archived on June 13, 2026

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