Wachovia Bank OFAC Settlement: $11K (2004)

Last updated: July 20, 2026

Wachovia Bank settled a civil penalty of $11,000.00 for apparent violations of the Iranian Transactions Regulations and the Libyan Sanctions Regulations. The conduct included a 2002 funds transfer involving Iran and a 2003 funds transfer to a Libyan SDN. Wachovia Bank made a voluntary disclosure.

Penalty Amount

$11,000.00

Enforcement Date

June 4, 2004

Rank in Top Penalties

#519

Case Details

Type:: Entity
Name:: Wachovia Bank
Country:: 🇺🇸 United States
Industry:: Banking
Address:: Philadelphia, PA 19109
Penalty amount:: $11,000.00
Egregious case:: Unknown
Voluntary self disclosure:: Yes
Case:: Settled
Violation period:: 2002 to 2003
Program:: LibyaIran
Enforcement date:: June 4, 2004

Official Source Documents

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View archived version View on ofac.treasury.gov

Archived on June 13, 2026

SHA-256: 1ed29d328c6840ea91665f05adc2160776cc83d1308e0593dd213a83cff7915c