Sina Bank issued a memorandum in which welcomed the action of Treasury Department of England to implement the European Union court decision to remove the name of Sina Bank from the sanction list. In part of this memorandum for annulment the sanctions against Sina Bank and remove the name of Sina Bank from the sanctions list, in accordance to implementation of European Union court decision, Sina Bank expects the conditions lead to the removal of Sina Bank from United State Treasury Department sanction list. The high court of European union , on 11/December 2012/ordered the complete annulment of Sina Bank name from the sanction list, which was finalized on 4, June 2014. In spite of this court order, and also forced EU to pay four fifth of total legal costs, EU has not applied the court order yet. Sina Bank hopes that all countries in the European Union, respect their court's decision, and remove the name of Sina Bank from all sanction's list.