Important information about OFAC

Important information about OFAC

The process of opening an account at Mercantil Bank, N.A. (the Bank) through this web site is not complete and the account is not established until the Bank has actual knowledge of the receipt of all required account-opening information and the receipt of the transfer of funds constituting the initial deposit and until it has had a reasonable period of time in which to decide whether to accept the account.

In view of related United States law, Iranian governmental entities and individuals or entities that are controlled or owned by the Iranian government, organized under the laws of Iran, or citizens or residents of Iran (Iranian Parties) may not use this web site to open an account at the Bank. Accordingly, if you are an Iranian Party, you should exit this account-opening program immediately. If you are an Iranian Party and you attempt, despite this warning, to open an account at the Bank: (i) any funds transferred into the account will be returned by the Bank upon the Bank’s discovery that you are an Iranian Party; (ii) the account will be closed by the Bank; and (iii) you will, by proceeding with the account-opening process, have waived any claim against the Bank in connection with any losses, damages, or expenses which you may suffer as a result of the Bank’s closing the account or as a result of the Bank’s returning any funds transferred into the account.