Also Known As:
Sorinet Commercial Trust Bankers Ltd.
SCT Bankers Kish Company (PJS)
SCT Bankers Company Branch
- United Arab Emirates
- Sadaf Tower, 3rd Floor, Suite No. 301, Kish Island, Iran
- P.O. Box 31988, Dubai, UAE
- 1808, 18th Floor, Grosvenor House Commercial Tower, Sheik Zayed Road, Dubai, UAE
- Reahi Alley, First of Karaj, Maksous Road 9, Tehran, Iran
0097 14 3257022-99, +98 764 444 32 341 -2, 09347695504
+98 764 444 50 390-1
Has assisted Iranian entities in evading international sanctions; listed by the European Union on December 21, 2012 as an entity linked to Iran's proliferation-sensitive nuclear activities or Iran's development of nuclear weapon delivery systems; E.U. sanctions were annulled in July 2014 by the E.U. General Court; re-listed by the European Union on November 8, 2014; removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action; added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on April 11, 2013, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action.
Part of Sorinet Group, which is owned or controlled by Babak Morteza Zanjani, an Iranian national who allegedly used companies he controlled to assist the Iranian government in evading international sanctions; used by the Naftiran Intertrade Company Ltd (NICO), which is owned by the National Iranian Oil Company (NIOC), to facilitate transactions worth tens of millions of dollars between Pars Oil and Gas and Iran Marine Industrial Company (SADRA); financed a contract worth over $200 million on behalf of International Safe Oil (ISO) in May 2012; received a transfer from the Central Bank of Iran (CBI) of approximately 300 million euros.
Provides international banking services, including exporting and importing services and international processing of payments; SWIFT codes: SCTS AE A1, SCER AE A1, SCERIRTH KSH (Kish Island branch), and SCERIRTH (Tehran branch); established in 2009.