The Treasury Department has reached a $217 million deal with Lloyds TSB Bank, settling allegations that the bank intentionally manipulated data about sanctioned parties in wire transfer instructions.

The Treasury, in announcing the settlement Tuesday, said Lloyds violated sanctions against Iran, Sudan and Libya in manipulating information used in wire transfers through third-party U.S. banks.

The British bank stopped U.S. dollar-clearing activities for its Iranian bank customers in 2003 and has since "terminated the entire scope of its alleged illegal activities," the agency said.

Lloyds already has paid the Department of Justice and the New York County District Attorney's Office $350 million to settle similar charges, an amount the Treasury maintained covers Lloyds' obligations to the department under its own settlement.

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