Organization sanctions dossier

BAVI AND PARTNERS EXCHANGE COMPANY

Bavi and Partners Exchange Company is a Tehran-based currency exchange house that the U.S. Treasury says is owned and operated by Sadegh Bavi, whom Treasury describes as an IRGC-Qods Force facilitator and money launderer who also assists in weapons purchases for Iran. OFAC designated it on 15 October 2026 under IRAN-EO13902.

BAVI AND PARTNERS EXCHANGE COMPANY is listed as organization with 1 source listing across 1 authority.

Programs: IRAN-EO13902.

Geography: Iran.

• Entity type: Organization
• Sanctions status: active
• Authorities: OFAC
• Source listings: 1
• Official IDs: 58939
• Identifiers: National ID No.: 14013961908; Registration Number: 641804; Secondary sanctions risk: Subject to Secondary Sanctions; Organization Established Date: 18 Nov 2024; Organization Type:: Other monetary intermediation