HSBC Bank USA OFAC Settlement: $8.4K (2004)

Last updated: July 20, 2026

HSBC Bank USA settled a civil penalty of $8,375.00 for violations of the Cuban Assets Control Regulations involving a funds transfer in 2003. HSBC Bank USA did not make a voluntary disclosure.

Penalty Amount

$8,375.00

Enforcement Date

May 7, 2004

Rank in Top Penalties

#567

Case Details

Type:: Entity
Name:: HSBC Bank USA
Country:: 🇺🇸 United States
Industry:: Banking
Address:: New York, NY 10005
Penalty amount:: $8,375.00
Egregious case:: Unknown
Voluntary self disclosure:: No
Case:: Settled
Violation period:: From 2003
Program:: Cuba
Enforcement date:: May 7, 2004

Official Source Documents

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Archived on June 13, 2026

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