What does ITSR prohibit?

Virtually all transactions between US persons and Iran: imports, exports, investments, financial transactions.

Are there exceptions to Iran sanctions?

Yes, for licensed humanitarian transactions (food, medicine), personal remittances, and information exchange. Specific licenses required.

Do ITSR sanctions apply to non-US persons?

Primary sanctions apply to US persons. Secondary sanctions under CISADA/IFCA can apply to non-US persons for significant transactions with Iran's energy/financial sectors.

What are the penalties for ITSR violations?

Civil penalties up to $356,571 per violation or twice the transaction amount. Criminal penalties up to $20M and 30 years for willful violations.

OFAC Iran Sanctions (ITSR - 31 CFR 560)

The Iranian Transactions and Sanctions Regulations (ITSR) implement comprehensive US sanctions on Iran. Virtually all transactions between US persons and Iran are prohibited.

Scope of prohibitions

Secondary sanctions

Non-US persons who conduct significant transactions with Iran's energy, shipping, shipbuilding, or financial sectors may face secondary sanctions under CISADA and IFCA, even if no US jurisdiction is involved.

Prohibited activity	Exception
Import of Iranian goods/services	Licensed humanitarian (food, medicine)
Export of goods/services to Iran	Licensed agricultural/medical
Investment in Iran	None general
Financial transactions with Iran	Licensed personal remittances

Screen your agent's next payment

Check any wallet, name, or entity against OFAC, EU, UN sanctions lists in real time.

Free wallet checker

Frequently Asked Questions

What does ITSR prohibit?: Virtually all transactions between US persons and Iran: imports, exports, investments, financial transactions.
Are there exceptions to Iran sanctions?: Yes, for licensed humanitarian transactions (food, medicine), personal remittances, and information exchange. Specific licenses required.
Do ITSR sanctions apply to non-US persons?: Primary sanctions apply to US persons. Secondary sanctions under CISADA/IFCA can apply to non-US persons for significant transactions with Iran's energy/financial sectors.
What are the penalties for ITSR violations?: Civil penalties up to $356,571 per violation or twice the transaction amount. Criminal penalties up to $20M and 30 years for willful violations.