ACTIVE SDN Verified active as of June 2026

Banco DE Venezuela SA Banco Universal

OFAC Venezuela Sanctions Profile — Entity listed under VENEZUELA-EO13850

Status: Active SDN designation Program: Venezuela — EO 13850 (Gold sector / public officials) Sector: Economic & financial actors First indexed: 2026-04-17 Last verified: June 2026

Key Facts

OFAC name on file: BANCO DE VENEZUELA SA BANCO UNIVERSAL
Type: Entity
Sanctions program: Venezuela — EO 13850 (Gold sector / public officials)
National ID: G200099976

About this designation

Banco DE Venezuela SA Banco Universal appears on the US Treasury Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List under the Venezuela — EO 13850 (Gold sector / public officials) program. US persons and entities are prohibited from engaging in transactions with this entity, and any property or interests in property within US jurisdiction must be blocked and reported to OFAC.

Why this designation matters

Banco DE Venezuela SA Banco Universal falls within the economic and financial sector of Venezuela's sanctions landscape. This sector encompasses PDVSA and its subsidiaries, the Central Bank of Venezuela (BCV), state mining operations, and the financial intermediaries that facilitate transactions for the Maduro government's oil, gold, and sovereign debt operations. Executive Order 13850, signed in 2018, targets persons operating in the gold sector of the Venezuelan economy and those responsible for Venezuela's deepening humanitarian crisis, including misuse of government programs and corruption in the public sector. OFAC's listing explicitly links Banco DE Venezuela SA Banco Universal to BANCO DE DESARROLLO ECONOMICO Y SOCIAL DE VENEZUELA, indicating a documented relationship of ownership, control, or beneficial interest.

OFAC remarks (full text)

Verbatim from OFAC SDN listing:
SWIFT/BIC VZLAVECA; National ID No. G200099976 (Venezuela); Linked To: BANCO DE DESARROLLO ECONOMICO Y SOCIAL DE VENEZUELA.

Linked entities

OFAC's SDN listing for Banco DE Venezuela SA Banco Universal explicitly references the following entity, which means a relationship documented by US Treasury (ownership, control, agency, or beneficial interest):

Banco DE Desarrollo Economico Y Social DE Venezuela — entity, VENEZUELA-EO13850

Frequently asked questions

▸ Is Banco DE Venezuela SA Banco Universal currently sanctioned by OFAC?

Yes. As of June 2026, Banco DE Venezuela SA Banco Universal is on the active US Treasury Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list under the Venezuela — EO 13850 (Gold sector / public officials) program. All assets under US jurisdiction are blocked and US persons are generally prohibited from dealing with them.

▸ What OFAC program is Banco DE Venezuela SA Banco Universal sanctioned under?

Banco DE Venezuela SA Banco Universal is designated under Venezuela — EO 13850 (Gold sector / public officials). This is one of four Venezuela-related OFAC programs: VENEZUELA (omnibus), EO 13692 (human-rights / corruption, 2015), EO 13850 (gold sector and individual officials, 2018), and EO 13884 (government-of-Venezuela block, 2019).

▸ When was Banco DE Venezuela SA Banco Universal added to the OFAC SDN list?

Banco DE Venezuela SA Banco Universal was added to the OFAC SDN list on 2026-04-17. OFAC publishes designations as part of broader Venezuela-program actions; the linked OFAC source page records the original press release. The designation remains active until OFAC removes it via a delisting action.

Verifying this designation

Useful tools and explainers

Search the full Venezuela SDN list — paste any name to see if it's currently designated.
OFAC General Licenses for Venezuela — the active GLs that authorize otherwise-prohibited transactions.
What are OFAC sanctions on Venezuela? (plain-English guide)
All currently sanctioned economic & financial actors — the sector cohort Banco DE Venezuela SA Banco Universal is part of.
OFAC Venezuela SDN list by sector — pivot the full corpus by military, economic, diplomatic, or governance.
Browse all 450 active Venezuela-program SDN designations

Banco DE Venezuela SA Banco Universal was designated under VENEZUELA-EO13850, a Venezuela-sector program. For sector-level context — regulatory framework, OFAC pathways, and current deal flow — see Venezuela mining sector — gold, sanctions, legal framework.